Credit Suisse Reaffirms Their Hold Rating on Under Armour (UAA)

In a report issued on February 11, Michael Binetti from Credit Suisse maintained a Hold rating on Under Armour (UAAResearch Report), with a price target of $25.00. The company’s shares closed last Friday at $17.51, close to its 52-week low of $17.25.

According to, Binetti is a 5-star analyst with an average return of 10.2% and a 57.1% success rate. Binetti covers the Consumer Goods sector, focusing on stocks such as Brilliant Earth Group, Canada Goose Holdings, and Bath & Body Works.

Currently, the analyst consensus on Under Armour is a Moderate Buy with an average price target of $26.22, which is a 49.7% upside from current levels. In a report issued on February 11, Stifel Nicolaus also maintained a Hold rating on the stock with a $24.00 price target.

See the top stocks recommended by analysts >>

Based on Under Armour’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.55 billion and net profit of $113 million. In comparison, last year the company earned revenue of $1.43 billion and had a net profit of $38.95 million.

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 develops, markets, and distributes athletic apparel, footwear, and accessories in North America and other territories. Consumers of its apparel include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through wholesale and direct-to-consumer channels, including e-commerce and nearly 400 total factory house and brand house stores. Under Armour also operates digital fitness apps with more than 200 million users. The Baltimore-based company was founded in 1996.

Read More on UAA:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed