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A statement released earlier today by FBR Capital about Nike Inc. (NYSE:NKE) bumps the target price to $55.00

Boasting a price of $55.34, Nike Inc. (NYSE:NKE) traded 0.94% higher on the day. With the last stock price close down -7.96% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Nike Inc. has recorded a 50-day average of $56.51 and a two hundred day average of $57.20. Volume of trade was up over the average, with 12,940,220 shares of NKE changing hands over the typical 9,038,980

FBR Capital bumped up the target of Nike Inc. (NYSE:NKE) to $55.00 stating a potential downside of -0.01%.

On Monday September 26, 2016, Vetr Inc. released a statement for Nike Inc. (NYSE:NKE) bumped up the target price from $0.00 to $58.12 that suggested an upside of 0.05%.

Performance Chart

Nike Inc. (NYSE:NKE)

With a total market value of $0, Nike Inc. has PE ratio of 23.76 with a one year low of $51.48 and a one year high of $68.19 .

A total of 28 brokerages have issued a ratings update on Nike Inc.. Nine brokerages rating the company a strong buy, fifteen brokerages rating the company a buy, eight brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $70.52.

General Company Details For Nike Inc. (NYSE:NKE)

NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. The Company's operating segments include North America, Western Europe, Central & Eastern Europe, Greater China, Japan and Emerging Markets. Its portfolio brands include the NIKE Brand, Jordan Brand, Hurley and Converse. As of May 31, 2016, the Company focused its NIKE brand product offerings in nine categories: Running, NIKE Basketball, the Jordan Brand, Football (Soccer), Men's Training, Women's Training, Action Sports, Sportswear (its sports-inspired lifestyle products) and Golf. Men's Training includes its baseball and American football product offerings. It also markets products designed for kids, as well as for other athletic and recreational uses, such as cricket, lacrosse, tennis, volleyball, wrestling, walking and outdoor activities. The Company sells a range of performance equipment and accessories under the NIKE Brand name.

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