The VGM Score are a complementary set of indicators to use alongside the Zacks Rank….Momentum Scorecard. More Info.

A price target is an analyst’s projection of a security’s future price. When setting a stock’s price target, an analyst is trying to determine what the stock is worth and where the price will be in 12 or 18 months. Ultimately, price targets depend on the valuation of the company that’s issuing the stock.

Under Armour has received a consensus rating of Buy. The company’s average rating score is 2.58, and is based on 16 buy ratings, 9 hold ratings, and 1 sell rating.

Price Target Formula It is calculated as the proportion of the current price per share to the earnings per share. read more uses the earnings for the past twelve months. Thus, the current market price is divided by the average earnings of the last twelve months.

Price targets are rarely accurate, but they are accepted by the market as having some value, and they do exert an influence at times. They can help create some good trading opportunities but don’t take them too seriously.

Additionally, your target amount should be 1.5 times the stop loss percentage. In this case, the stop loss was ₹6, which you are okay with losing. Your minimum gain should, therefore, be ₹9, which would put you at ₹104 + ₹9 = ₹113.

Target Price is a limit that is the best possible outcome for the stockholder’s investment. One trader could set his target price at INR 750 whereas the other trader could set the price at INR 1200. Target Price is subject to risk tolerance and the amount of time an investor or trader can hold on to the security.

Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. As of October 2021, his net worth was estimated at US$1.8 billion….

Target Audience: The target audience for Under Armour would be families with children between the ages 5-15. This segment would be considered “white picket fences”. The segment would be young middle class families that own their home.

The generic strategy used by Under Armour is that of differentiation. It has differentiated its brand and products from its competitors like Nike and Adidas . The brand has used them formula of innovation to make its products superior to that of the competitors. Its foundation was laid with an idea of innovation.

Under Armour business model revolves around the design, production, marketing, and distribution of high-tech athletic performance apparel to men, women and youth. The company’s main focus is the production of apparel for football, even though it has made vast advances in other sports such as, baseball and lacrosse .

Demography . Of Under Armour’s current consumer base, 53% of Under Armour’s customers are male and 47% of customers are female. Over 36% of customers have graduated from college, the majority of Under Armour’s customers fall within the age range of 25–34, with the smallest customer base consisting of those aged 65+.