Blurbs

Goldman Sachs Keeps a Buy Rating on Nike (NKE)

Goldman Sachs analyst Kate McShane maintained a Buy rating on Nike (NKEResearch Report) yesterday and set a price target of $177.00. The company’s shares closed last Tuesday at $137.75.

According to TipRanks.com, McShane is a 5-star analyst with an average return of 8.2% and a 64.5% success rate. McShane covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Dick’s Sporting Goods, and Albertsons Companies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nike with a $165.09 average price target, which is a 20.3% upside from current levels. In a report issued on March 8, Cowen & Co. also maintained a Buy rating on the stock with a $144.00 price target.

See today’s best-performing stocks on TipRanks >>

Nike’s market cap is currently $205.9B and has a P/E ratio of 34.13.

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.

NIKE, Inc. is a maker of athletic footwear, apparel, accessories and equipment. It also sells athletic lifestyle sneakers, apparel and accessories under the Converse line. The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR.

Read More on NKE:

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