Guggenheim Sticks to Its Hold Rating for Under Armour (UAA)

In a report released yesterday, Robert Drbul from Guggenheim maintained a Hold rating on Under Armour (UAAResearch Report). The company’s shares closed last Monday at $19.56.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 11.6% and a 64.8% success rate. Drbul covers the Consumer Goods sector, focusing on stocks such as Allbirds Inc Class A, Lululemon Athletica, and Levi Strauss & Co.

Under Armour has an analyst consensus of Moderate Buy, with a price target consensus of $27.73.

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The company has a one-year high of $27.28 and a one-year low of $17.52. Currently, Under Armour has an average volume of 5.7M.

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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.

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