In a report released today, Sam Poser from Susquehanna maintained a Hold rating on Nike (NYSE: NKE), with a price target of $64. The company’s shares closed yesterday at $73.94, close to its 52-week high of $75.91.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 9.0% and a 59.1% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
Currently, the analyst consensus on Nike is Moderate Buy and the average price target is $74.76, representing a 1.1% upside.
In a report issued on June 10, Wells Fargo also maintained a Hold rating on the stock.
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Nike’s market cap is currently $119.7B and has a P/E ratio of 69.75. The company has a Price to Book ratio of 12.24.
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