Under Armour (UA) Gets a Buy Rating from Evercore ISI

By Ryan Adsit

In a report issued on August 8, Omar Saad from Evercore ISI maintained a Buy rating on Under Armour (UAResearch Report), with a price target of $33. The company’s shares closed on Friday at $18.15.

According to TipRanks.com, Saad is ranked #1425 out of 5240 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Under Armour with a $25.20 average price target, a 38.8% upside from current levels. In a report issued on July 30, Stifel Nicolaus also reiterated a Buy rating on the stock with a $30 price target.

See today’s analyst top recommended stocks >>

Under Armour’s market cap is currently $8.19B and has a P/E ratio of 96.90. The company has a Price to Book ratio of 4.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The North America segment comprises of U.S. and Canada.