Under Armour (NYSE:UA) had its target price boosted by Barclays from $71.00 to $100.00 in a report issued on Friday, American Banking & Market News reports. They currently have an overweight rating on the stock.
UA has been the subject of a number of other recent research reports. Analysts at DA Davidson reiterated a neutral rating on shares of Under Armour in a research note to investors on Friday. They now have a $88.00 price target on the stock, up previously from $85.00. Separately, analysts at Deutsche Bank raised their price target on shares of Under Armour from $65.00 to $70.00 in a research note to investors on Monday, October 21st. They now have a hold rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Under Armour from $76.00 to $92.00 in a research note to investors on Friday, October 18th. They now have a buy rating on the stock. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $74.24.
Under Armour (NYSE:UA) traded up 0.09% during mid-day trading on Friday, hitting $81.07. 1,343,054 shares of the company’s stock traded hands. Under Armour has a one year low of $44.32 and a one year high of $81.64. The stock has a 50-day moving average of $72.88 and a 200-day moving average of $60.93. The company has a market cap of $8.555 billion and a P/E ratio of 58.74.
Under Armour (NYSE:UA) last announced its earnings results on Thursday, October 24th. The company reported $0.68 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.02. The company had revenue of $723.00 million for the quarter, compared to the consensus estimate of $709.69 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 25.7% on a year-over-year basis. On average, analysts predict that Under Armour will post $1.44 earnings per share for the current fiscal year.
Under Armour, Inc (NYSE:UA) is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth.
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