Under Armour (UAA) Receives a Hold from Barclays
In a report issued on April 20, Adrienne Tennant from Barclays maintained a Hold rating on Under Armour (UAA), with a price target of $10.00. The company’s shares closed last Tuesday at $10.95.
According to TipRanks.com, Tennant is a 3-star analyst with an average return of 2.5% and a 53.3% success rate. Tennant covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Dick’s Sporting Goods, and G-III Apparel Group.
The word on The Street in general, suggests a Hold analyst consensus rating for Under Armour with a $10.71 average price target, representing a 4.8% upside. In a report issued on April 13, Robert W. Baird also maintained a Hold rating on the stock with a $11.00 price target.
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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.