Pivotal Research Reiterates Their Hold Rating on Under Armour (UA)

In a report released today, Mitch Kummetz from Pivotal Research reiterated a Hold rating on Under Armour (UAResearch Report), with a price target of $19.00. The company’s shares closed last Monday at $15.39, close to its 52-week low of $15.05.

According to TipRanks.com, Kummetz is a 4-star analyst with an average return of 7.9% and a 62.1% success rate. Kummetz covers the Services sector, focusing on stocks such as Shoe Carnival, Foot Locker, and Boot Barn.

Currently, the analyst consensus on Under Armour is a Hold with an average price target of $22.00, representing a 37.4% upside. In a report issued on October 22, William Blair also reiterated a Hold rating on the stock.

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The company has a one-year high of $24.55 and a one-year low of $15.05. Currently, Under Armour has an average volume of 1.77M.

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Under Armour, Inc. engages in the development, marketing, and distribution of branded performance apparel, footwear, and accessories for men, women, and youth. It operates through the following segments: North America, EMEA, Asia-Pacific, Latin America, and Connected Fitness. The North America segment comprises of U.S. and Canada.