On Thursday, December 22nd, Telsey Advisory Group released a research report on the Under Armour stock (UA:NYE) forecast and maintained the “Market Perform” rating, while raising the 12-month target price to $11 from $9.
Under Armour Stock Forecast:
Based on the Under Armour Inc. (UA:NYE) stock forecast from 20 analysts, the average analyst target price for Under Armour Inc A is USD 10.21 over the next 12 months.
Under Armour Inc A’s average analyst rating is Buy. Stock Target Advisor’s own stock analysis of Under Armour Inc A is Slightly Bullish, which is based on 6 positive signals and 5 negative signals.
At the last closing, Under Armour stock price was USD 9.90. Under Armour stock price has changed by -5.44% over the past week, +9.15% over the past month, and -51.71% over the last year.
The latest consensus Crow Rating for Under Armour’s stock is a “Strong Buy” rating with a $15 Crowd Target on the stock.
Under Armour, Inc. and its subsidiaries are in the business of designing, marketing, and distributing performance clothes, footwear, and accessories for adults, children, and teenagers.
Compression, fitting, and loose fit styles are all available for customers to choose from when purchasing the company’s gear. In addition to this, it offers footwear goods for purposes such as running, training, basketball, rehabilitation, cleated sports, and outdoor activities.
In addition, the company sells accessories, such as gloves, bags, hats, and sports masks; digital subscription and advertising services through the MapMyRun and MapMyRide platforms; and sports masks, which are worn during athletic competition.
It primarily sells its wares under the brand names UNDER ARMOUR, UA, HEATGEAR, COLDGEAR, HOVR, PROTECT THIS HOUSE, I WILL, and UA Logo, as well as the brands ARMOUR FLEECE and ARMOUR BRA.
The company sells its products to wholesale customers, such as 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 it sells its products directly to consumers through a network of 422 brand and factory house stores, as well as through e-commerce websites.
The company also sells its products to wholesale customers. It conducts business in the countries of the United States of America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific region.
Under Armour, Inc. was established as a publicly traded company in 1996 and still maintains its headquarters in Baltimore, Maryland.