Under Armour (UA) Receiving Somewhat Positive Press Coverage, Report Finds

News headlines about Under Armour (NYSE:UA) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Under Armour earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave press coverage about the company an impact score of 44.9183876983401 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern’s analysis:

Several equities analysts have commented on the stock. Susquehanna Bancshares reissued a “sell” rating and issued a $15.00 price target on shares of Under Armour in a research report on Monday, October 23rd. Wells Fargo & Co set a $11.00 price target on shares of Under Armour and gave the company a “sell” rating in a research report on Tuesday, October 31st. Piper Jaffray Companies set a $11.00 price target on shares of Under Armour and gave the company a “hold” rating in a research report on Tuesday, October 31st. Oppenheimer restated a “hold” rating on shares of Under Armour in a research note on Tuesday, October 31st. Finally, Buckingham Research set a $14.00 price objective on shares of Under Armour and gave the company a “sell” rating in a research note on Tuesday, October 31st. Nine research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $15.99.

Shares of Under Armour (NYSE:UA) traded up $0.51 on Friday, reaching $12.46. 5,612,928 shares of the company’s stock traded hands, compared to its average volume of 4,442,656. Under Armour has a one year low of $10.36 and a one year high of $21.81. The firm has a market capitalization of $5,503.54, a price-to-earnings ratio of 40.19 and a beta of 0.70.

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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.

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