Wall Street analysts are maintaining Buy rating on Under Armour, Inc. (NYSE:UA) company shares. The one year target on the name currently stands at $100.33. The stock recently touched $83.93 and has moved in the range of $83.60 - 84.11 during the current session. Based on a recent bid this places the stock +32.74% away from the 52-week floor of $63.23 and -20.74% away from the 52-week ceiling of $105.89.
When stocks are given “Buy” ratings by analysts, the reasons or criteria for that recommendation can greatly vary. Typically when a stock is given this label, analysts are expecting that the stock will outperform their peers, their sector or the market over a 6 to 12 month time frame. Several factors might include near-term catalysts, future earnings growth. Many analysts only give a Buy recommendation when they expect that the stock will yield a return of at least 5-10% over the course of a year. Since analyst criteria and recommendation terminology can differ, we can look at consensus numbers to get a feel of overall analyst sentiment.
XL Group plc (NYSE:XL) has been given a consensus Buy rating by analysts on Wall Street. According to Thomson Reuters' First Call, research brokers have a one year price target of $41.21 on the stock. The stock is currently trading -2.07% away from its 200-day moving average of $36.77. Based on a recent trade, shares of XL Group plc are -11.04% away from the 52-week high of $40.48 and +40.88% away from the 52-week low of $25.56.
Analysts are estimating that the company will report earnings of $3.08 for the current year and $0.90 for next quarter. The stock closed the most recent trading session at $36.08.
Shares of CNX Coal Resources LP (NYSE:CNXC) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $10.57 price target and Buy rating according to the covering analysts. During today’s session the stock hit $7.03 or +1.15% from the previous close, while moving in the range of $7.03 - 7.03.
Shares of Nevro Corp. (NYSE:NVRO) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $76.00 price target according to the covering analysts. During today’s session the stock hit $61.53 or +0.68% from the previous close, while moving in the range of $60.99 - 62.49. This puts the stock -14.56% away from the 52-week high of $72.51 and +69.68% away from the 52-week low of $36.51.
Exact definitions of a “Buy” rating can greatly vary depending on the equity research firm. The consensus rating simply provides an average of those recommendations. It's important to note that a “Buy” rating does not mean that every investor should acquire the stock. It is just a single factor among many that should be considered before making an investment decision.
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