Merrill Lynch analyst Robert Ohmes reiterated a Sell rating on Under Armour (UA) today and set a price target of $15. The company’s shares closed yesterday at $19.01.
According to TipRanks.com, Ohmes is a 2-star analyst with an average return of 0.3% and a 49.4% success rate. Ohmes covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Sprouts Farmers, and Kroger Company.
Under Armour has an analyst consensus of Hold, with a price target consensus of $22.08, representing a 16.1% upside. In a report issued on December 11, Canaccord Genuity also reiterated a Sell rating on the stock.
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The company has a one-year high of $23.28 and a one-year low of $11.41. Currently, Under Armour has an average volume of 3.18M.
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Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The North America segment comprises of U.S. and Canada.
