Cowen started coverage on shares of Under Armour (NYSE: UA) in a research report released on Tuesday morning. The firm issued a neutral rating on the stock.
Shares of Under Armour opened at 48.21 on Tuesday. Under Armour has a 52 week low of $44.00 and a 52 week high of $60.96. The stock’s 50-day moving average is currently $48.43. The company has a market cap of $5.047 billion and a P/E ratio of 39.84.
UA has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a buy rating on shares of Under Armour in a research note to investors on Friday, February 15th. Separately, analysts at UBS AG downgraded shares of Under Armour to a neutral rating in a research note to investors on Monday, February 11th. They now have a $55.00 price target on the stock, down previously from $57.00. Finally, analysts at Buckingham Research upgraded shares of Under Armour from a neutral rating to a buy rating in a research note to investors on Tuesday, January 29th.
Six analysts have rated the stock with a buy rating, four have issued an overweight rating, fifteen have assigned a hold rating, one has given an underweight rating, and one has issued a sell rating to the stock. Under Armour currently has an average rating of hold and an average price target of $56.79.
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