Analysts Offer Insights on Consumer Goods Companies: Under Armour (NYSE: UA) and Enphase Energy (NASDAQ: ENPH)

By Ryan Adsit

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

Under Armour (UA)

In a report released yesterday, Susan Anderson from B.Riley FBR maintained a Sell rating on Under Armour, with a price target of $12.00. The company’s shares closed last Monday at $19.42.

According to TipRanks.com, Anderson is a 1-star analyst with an average return of -1.4% and a 40.7% success rate. Anderson covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica Inc, Turning Point Brands, and Columbia Sportswear.

Currently, the analyst consensus on Under Armour is a Hold with an average price target of $23.75, which is a 30.5% upside from current levels. In a report issued on October 18, Susquehanna also reiterated a Sell rating on the stock with a $14.00 price target.

See today’s analyst top recommended stocks >>

Enphase Energy (ENPH)

B.Riley FBR analyst Dave Kang reiterated a Buy rating on Enphase Energy today and set a price target of $28.50. The company’s shares closed last Monday at $23.71.

According to TipRanks.com, Kang is a 5-star analyst with an average return of 17.6% and a 62.1% success rate. Kang covers the Consumer Goods sector, focusing on stocks such as DASAN Zhone Solutions Inc, Applied Optoelectronics, and Acacia Communications.

Enphase Energy has an analyst consensus of Strong Buy, with a price target consensus of $31.38, a 20.5% upside from current levels. In a report issued on October 9, Northland Securities also assigned a Buy rating to the stock with a $40.00 price target.

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