On Friday, December 23rd Wells Fargo released a research report on Under Armour’s (UAA:NYE) maintaining the “Overweight” rating on the stock while cutting the 12-month Under Armour stock price target to $14 from $20 per share.
Telsey Advisory Group maintained the Market Perform rating yesterday and raised the Under Armour stock price target to $11 from $9.
Under Armour Stock Price Forecast:
According to 21 analysts’ predictions for Under Armour Inc. A’s (UAA:NYE) stock for the next 12 months, the company’s average target price will be USD 10.34. The consensus analyst rating for Under Armour Inc A is Buy.
Under Armour Inc. A’s stock analysis by Stock Target Advisor is Slightly Bullish and is based on 6 positive and 5 negative signals. Under Armour stock pricewas 9.67 USD at the most recent closing.
Under Armour stock price has changed by -3.69% over the previous week, +2.22% over the previous month, and -52.50% over the previous year.
The Crowd Rating on the stock is set at a Strong Buy, with a 12 month Crowd Target forecast of $15 per share.
Under Armour’s Fundamental Analysis score is 5.5 out of 10, which means the stock is slightly bullish.
Under Armour, Inc., together with its subsidiaries, engages in the developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth.
The company offers its apparel in compression, fitted, and loose fit types. It also provides footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications.
In addition, the company offers accessories, which include gloves, bags, headwear, and sports masks; and digital subscription and advertising services under the MapMyRun and MapMyRide platforms.
It primarily offers its products under the UNDER ARMOUR, UA, HEATGEAR, COLDGEAR, HOVR, PROTECT THIS HOUSE, I WILL, UA Logo, ARMOUR FLEECE, and ARMOUR BRA brands.
The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and direct to consumers through a network of 422 brand and factory house stores, as well as through e-commerce websites.
It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. Under Armour, Inc. was incorporated in 1996 and is headquartered in Baltimore, Maryland.