Jefferies Financial Group Research Analysts Reduce Earnings Estimates for Under Armour Inc (NYSE:UAA) – Mayfield Recorder
Jefferies Financial Group analyst R. Konik now forecasts that the company will earn $0.34 per share for the year, down from their previous estimate of $0.41. Finally, Citigroup upgraded shares of Under Armour from a “neutral” rating to a “buy” rating and increased their target price for the stock from $23.00 to $29.00 in a research report on Wednesday, April 10th. The stock has a market capitalization of $10.58 billion, a price-to-earnings ratio of 89.89, a P/E/G ratio of 3.27 and a beta of 0.45. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,979 shares of the company’s stock valued at $232,000 after purchasing an additional 744 shares during the last quarter.