Susquehanna lowered shares of Under Armour (NYSE:UA) from a positive rating to a neutral rating in a report released on Monday, TheFlyOnTheWall.com reports. Susquehanna currently has $77.00 price objective on the stock.
Under Armour (NYSE:UA) opened at 76.82 on Monday. Under Armour has a one year low of $44.32 and a one year high of $81.64. The stock’s 50-day moving average is $73.34 and its 200-day moving average is $61.51. The company has a market cap of $8.103 billion and a P/E ratio of 61.70.
Several other analysts have also recently commented on the stock. Analysts at DA Davidson downgraded shares of Under Armour (NYSE:UA) from a buy rating to a neutral rating in a research note to investors on Friday, September 13th. They now have a $85.00 price target on the stock, up previously from $79.00. Separately, analysts at Credit Suisse downgraded shares of Under Armour (NYSE:UA) from an outperform rating to a neutral rating in a research note to investors on Friday, September 13th. Finally, analysts at Sterne Agee reiterated a buy rating on shares of Under Armour (NYSE:UA) in a research note to investors on Monday, September 9th. They now have a $85.00 price target on the stock, up previously from $75.00.
Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $68.68.
Under Armour, Inc (NYSE:UA) is engaged in the development, marketing and distribution of apparel, footwear and accessories for men, women and youth.
