Nike inc (NKE) Gets a Hold Rating from Goldman Sachs


Goldman Sachs analyst Alexandra Walvis maintained a Hold rating on Nike inc (NKE) yesterday and set a price target of $83. The company’s shares closed last Monday at $86.68, close to its 52-week high of $90.

According to TipRanks.com, Walvis is a 1-star analyst with an average return of -2.2% and a 45.8% success rate. Walvis covers the Services sector, focusing on stocks such as Ralph Lauren Corp, Burlington Stores, and Nordstrom Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nike inc with a $94.83 average price target, which is a 7.8% upside from current levels. In a report issued on September 4, UBS also maintained a Hold rating on the stock with a $87 price target.

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Nike inc’s market cap is currently $137.4B and has a P/E ratio of 34.82. The company has a Price to Book ratio of 15.03.

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