Oppenheimer Sticks to Its Hold Rating for Under Armour (UA)


In a report released today, Brian Nagel from Oppenheimer maintained a Hold rating on Under Armour (UA). The company’s shares closed yesterday at $19.01.

According to TipRanks.com, Nagel is a 4-star analyst with an average return of 5.3% and a 55.8% success rate. Nagel covers the Services sector, focusing on stocks such as Weight Watchers International, Dick’s Sporting Goods, and Advance Auto Parts.

Under Armour has an analyst consensus of Hold, with a price target consensus of $22.67, implying a 19.3% upside from current levels. In a report issued on November 30, Wells Fargo also upgraded the stock to Hold with a $23 price target.

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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.

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