Pivotal Research analyst Mitch Kummetz reiterated a Hold rating on Under Armour (UA) today and set a price target of $25. The company’s shares closed yesterday at $21.05.
According to TipRanks.com, Kummetz is a 3-star analyst with an average return of 2.8% and a 56.6% success rate. Kummetz covers the Services sector, focusing on stocks such as Foot Locker Inc, Shoe Carnival, and Genesco Inc.
Under Armour has an analyst consensus of Moderate Buy, with a price target consensus of $26, a 23.5% upside from current levels. In a report issued on July 24, Morgan Stanley also reiterated a Hold rating on the stock with a $25 price target.
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The company has a one-year high of $24.55 and a one-year low of $15.05. Currently, Under Armour has an average volume of 2.3M.
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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.
