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Weekly Recap | Under Armour -2.67%, consensus target above spot

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Under Armour (UAA) finished the week down 2.67% at $5.11, while the S&P 500 lost 0.8%, leaving the stock about 1.87 percentage points behind the benchmark. With only four trading days, the move was mostly choppy: it opened Tuesday at $5.26, slid towards the week’s low of $4.77 on Thursday, then settled back at $5.11 on Friday. Weekly amplitude reached 9.81% with no major company-specific catalyst, though volume ran slightly above the daily median.

The Week

Under Armour (UAA) finished the week down 2.67% at $5.11, while the S&P 500 lost 0.8%, leaving the stock about 1.87 percentage points behind the benchmark. With only four trading days, the move was mostly choppy: it opened Tuesday at $5.26, slid towards the week’s low of $4.77 on Thursday, then settled back at $5.11 on Friday. Weekly amplitude reached 9.81% with no major company-specific catalyst, though volume ran slightly above the daily median.

Analyst Ratings

27 brokers cover the stock: 23 rate it buy or overweight, 18 neutral, and 5 underweight or sell, giving a consensus rating of hold. The consensus target sits at $6.27, roughly 22.7% above the current price. Targets range from $4.00 to $12.00, a wide spread that points to divided views. UAA ranks second within its industry for coverage attention.

The Week Ahead

No UAA earnings are scheduled next week. Attention shifts to US macro reads: the New York Fed manufacturing index lands on Tuesday, 15 September, followed on Wednesday, 16 September by retail sales, retail sales ex-autos, import prices and the NAHB housing index, all of which may steer sentiment across consumer and apparel names.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.

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