Stifel Nicolaus upgraded shares of Under Armour (NYSE:UA) from a hold rating to a buy rating in a report issued on Friday.

Other equities research analysts have also recently issued research reports about the company. Jefferies Group reaffirmed a buy rating and set a $28.00 target price on shares of Under Armour in a research report on Friday, October 13th. Vetr cut Under Armour from a strong-buy rating to a buy rating and set a $18.79 target price for the company. in a research report on Wednesday, September 13th. Pivotal Research set a $17.00 target price on Under Armour and gave the stock a hold rating in a research report on Sunday, October 29th. Oppenheimer reaffirmed a hold rating on shares of Under Armour in a research report on Friday, September 22nd. Finally, Canaccord Genuity set a $15.00 target price on Under Armour and gave the stock a hold rating in a research report on Thursday, October 12th. Nine equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $15.51.

Shares of Under Armour (NYSE:UA) traded up $1.17 during trading on Friday, reaching $13.62. The company’s stock had a trading volume of 18,500,248 shares, compared to its average volume of 4,013,843. The company has a market capitalization of $5,499.13, a PE ratio of 30.37 and a beta of 1.02. Under Armour has a 52-week low of $10.36 and a 52-week high of $27.64.

Large investors have recently made changes to their positions in the business. LeJeune Puetz Investment Counsel LLC bought a new stake in Under Armour in the third quarter valued at $103,000. Massey Quick Simon & CO. LLC bought a new stake in shares of Under Armour during the third quarter worth $139,000. First Mercantile Trust Co. bought a new stake in shares of Under Armour during the second quarter worth $141,000. Abbot Financial Management Inc. bought a new stake in shares of Under Armour during the third quarter worth $153,000. Finally, Ahrens Investment Partners LLC bought a new stake in shares of Under Armour during the third quarter worth $158,000. Hedge funds and other institutional investors own 31.86% of the company’s stock.

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Under Armour Company Profile

Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.

Analyst Recommendations for Under Armour (NYSE:UA)

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