Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Under Armour (NYSE: UA) and Fabrinet (NYSE: FN)

By Jason Carr

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Under Armour (UAResearch Report) and Fabrinet (FNResearch Report).

Under Armour (UA)

In a report released yesterday, Susan Anderson from B.Riley FBR reiterated a Sell rating on Under Armour, with a price target of $12.00. The company’s shares closed last Monday at $15.44, close to its 52-week low of $15.05.

According to TipRanks.com, Anderson is a 2-star analyst with an average return of 0.0% and a 43.7% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Turning Point Brands, Columbia Sportswear, and G-III Apparel Group.

Currently, the analyst consensus on Under Armour is a Hold with an average price target of $21.29, which is a 33.0% upside from current levels. In a report released yesterday, Susquehanna also reiterated a Sell rating on the stock with a $14.00 price target.

See today’s analyst top recommended stocks >>

Fabrinet (FN)

In a report released today, Dave Kang from B.Riley FBR maintained a Hold rating on Fabrinet, with a price target of $57.50. The company’s shares closed last Monday at $60.60, close to its 52-week high of $62.31.

According to TipRanks.com, Kang is a 5-star analyst with an average return of 18.1% and a 63.2% success rate. Kang covers the Consumer Goods sector, focusing on stocks such as Applied Optoelectronics, DASAN Zhone Solutions, and Acacia Communications.

Currently, the analyst consensus on Fabrinet is a Strong Buy with an average price target of $64.50.

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