Under Armour (UA) Downgraded to “Hold” at Vetr
Vetr downgraded shares of Under Armour (NYSE:UA) from a buy rating to a hold rating in a report issued on Wednesday morning. They currently have $14.91 price objective on the stock.
A number of other research analysts have also issued reports on the stock. Deutsche Bank set a $12.00 price target on shares of Under Armour and gave the stock a sell rating in a research note on Thursday, December 14th. Stifel Nicolaus upgraded shares of Under Armour from a hold rating to a buy rating and set a $17.00 price target on the stock in a research note on Friday, December 15th. ValuEngine upgraded shares of Under Armour from a sell rating to a hold rating in a research note on Friday, December 1st. Susquehanna Bancshares reiterated a hold rating and set a $11.00 price target on shares of Under Armour in a research note on Tuesday, November 7th. Finally, SunTrust Banks lowered shares of Under Armour from a buy rating to a hold rating and set a $14.00 price target on the stock. in a research note on Wednesday, November 1st. Eight equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $16.00.
Shares of Under Armour (UA) traded up $0.35 during trading on Wednesday, hitting $14.75. 6,025,551 shares of the stock were exchanged, compared to its average volume of 5,708,933. Under Armour has a twelve month low of $10.36 and a twelve month high of $27.64. The firm has a market capitalization of $6,800.00 and a price-to-earnings ratio of 46.09.
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Under Armour Company Profile
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
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