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What is Wall Street's Target Price for Under Armour Inc Class C (UA) Stock Tuesday?

Tuesday, March 26, 2024 03:52 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Under Armour Inc Class C (UA) Stock Tuesday?

Wall Street is positive on Under Armour Inc Class C (UA). On average, analysts give UA a Hold rating. The average price target is $9, which means analysts expect the stock to gain by 31.39% over the next twelve months. That average ranking earns UA 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?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

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

Under Armour Inc Class C (UA) stock has risen 0.22% while the S&P 500 is lower by -0.13% as of 3:37 PM on Tuesday, Mar 26. UA has risen $0.01 from the previous closing price of $6.83 on volume of 1,220,124 shares. Over the past year the S&P 500 is higher by 31.03% while UA is lower by -14.38%. UA earned $0.89 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.67. Click Here to get the full Stock Report for Under Armour Inc Class C stock.

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