The stock of Under Armour Inc (NYSE:UA) is a huge mover today! About 2.11M shares traded hands. Under Armour Inc (NYSE:UA) has declined 34.32% since April 25, 2016 and is downtrending. It has underperformed by 40.33% the S&P500.
The move comes after 9 months positive chart setup for the $12.23 billion company. It was reported on Nov, 28 by Barchart.com. We have $33.84 PT which if reached, will make NYSE:UA worth $978.40 million more.
Under Armour Inc (NYSE:UA) Ratings Coverage
Out of 27 analysts covering Under Armour (NYSE:UA), 11 rate it a “Buy”, 1 “Sell”, while 15 “Hold”. This means 41% are positive. Under Armour has been the topic of 59 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 17. The stock has “Buy” rating given by Canaccord Genuity on Tuesday, August 11. The rating was upgraded by Argus Research on Friday, July 31 to “Buy”. Jefferies maintained Under Armour Inc (NYSE:UA) on Wednesday, June 1 with “Hold” rating. Citigroup maintained Under Armour Inc (NYSE:UA) rating on Wednesday, June 1. Citigroup has “Buy” rating and $50 price target. The firm has “Hold” rating given on Friday, August 7 by Vetr. As per Friday, October 23, the company rating was downgraded by BB&T Capital. Stifel Nicolaus maintained it with “Buy” rating and $105.0 target price in Wednesday, December 23 report. DA Davidson maintained the stock with “Buy” rating in Friday, June 3 report. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, August 12 report.
According to Zacks Investment Research, “Under Armour, Inc. is involved in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. It operates primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific and Latin America. The company’s Under Armour Connected Fitness(TM) platform provides digital health and fitness community through UA Record, MapMyFitness, Endomondo and MyFitnessPal applications. Under Armour, Inc. is headquartered in Baltimore, Maryland.”
More recent Under Armour Inc (NYSE:UA) news were published by: Fool.com which released: “Under Armour Inc’s Bearish Run Could Be Your Chance to Buy In” on November 02, 2016. Also Wsj.com published the news titled: “Under Armour Changes Symbols for Share Classes” on November 28, 2016. Seekingalpha.com‘s news article titled: “Why Under Armour Is An Outstanding Buy” with publication date: November 25, 2016 was also an interesting one.
UA Company Profile
Under Armour, Inc., incorporated on July 01, 1996, is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s moisture-wicking fabrications are engineered in a range of creates and styles for wear in nearly every climate to provide an alternative to traditional products. The Company’s divisions 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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