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Analyst Rating: Will Under Armour Inc Class C (UA) Stock Beat the Market?

Friday, December 01, 2023 12:32 PM | InvestorsObserver Analysts

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Analyst Rating: Will Under Armour Inc Class C (UA) Stock Beat the Market?

Wall Street is positive on Under Armour Inc Class C (UA). On average, analysts give Under Armour Inc Class C a Hold rating. The average price target is $9, which means analysts expect the stock to add by 13.21% over the next twelve months. That average ranking earns Under Armour Inc Class C an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating UA a Hold today. Find out what this means to you and get the rest of the rankings on UA!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Under Armour Inc Class C Stock Today?

Under Armour Inc Class C (UA) stock is trading at $7.95 as of 12:29 PM on Friday, Dec 1, an increase of $0.29, or 3.85% from the previous closing price of $7.66. The stock has traded between $7.62 and $7.99 so far today. Volume today is low. So far 1,240,438 shares have traded compared to average volume of 3,506,884 shares. Click Here to get the full Stock Report for Under Armour Inc Class C stock.

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