Media stories about Under Armour (NYSE:UA) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Under Armour earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.9658197154869 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Under Armour (UA) Downgraded to Hold at Vetr (americanbankingnews.com)
- Under Armour (UA) Given a $17.00 Price Target by DA Davidson Analysts (americanbankingnews.com)
- [$$] Bulls and Bears Battle Over Under Armour (finance.yahoo.com)
- Under Armour Inc Stock’s Recent Surge Is Just a Head Fake – Investorplace.com (investorplace.com)
- Investors Purchase High Volume of Under Armour Call Options (UA) (americanbankingnews.com)
Shares of Under Armour (NYSE:UA) traded down $0.76 during mid-day trading on Friday, hitting $15.78. 5,394,572 shares of the stock traded hands, compared to its average volume of 6,120,000. Under Armour has a 52-week low of $10.36 and a 52-week high of $21.81. The firm has a market cap of $7,310.00 and a price-to-earnings ratio of -143.45.
UA has been the subject of several analyst reports. Susquehanna Bancshares reissued a “sell” rating and issued a $15.00 price target on shares of Under Armour in a research note on Monday, October 23rd. Pivotal Research set a $17.00 price target on shares of Under Armour and gave the company a “hold” rating in a research note on Sunday, October 29th. FBR & Co reissued a “sell” rating and issued a $10.00 price target on shares of Under Armour in a research note on Tuesday, October 31st. Buckingham Research set a $14.00 price target on shares of Under Armour and gave the company a “sell” rating in a research note on Tuesday, October 31st. Finally, Oppenheimer reissued a “hold” rating on shares of Under Armour in a research note on Tuesday, October 31st. Nine investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.81.
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Under Armour Company Profile
Under Armour, Inc is engaged in the development, marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. The Company’s segments include North America, consisting of the United States and Canada; Europe, the Middle East and Africa (EMEA); Asia-Pacific; Latin America, and Connected Fitness.
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