In a report released yesterday, Chiara Battistini from J.P. Morgan maintained a Hold rating on Under Armour (UAA), with a price target of $12.00. The company’s shares closed last Friday at $11.32.
According to TipRanks.com, Battistini is a 3-star analyst with an average return of 6.9% and a 60.7% success rate. Battistini covers the Consumer Goods sector, focusing on stocks such as PUMA SE NPV, Adidas, and Nike.
Under Armour has an analyst consensus of Hold, with a price target consensus of $10.88.
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Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America and other territories. Consumers of its apparel include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale and direct-to-consumer channels, including e-commerce and nearly 400 total factory house and brand house stores. Under Armour also operates digital fitness apps with more than 200 million users. The Baltimore-based company was founded in 1996.
