Telsey Advisory announced NIKE (NYSE:NKE), scaling down its target to $67.00 earlier today
- Updated: September 27, 2016
Reporting a possible upside of 0.21%, Telsey Advisory lowered the target price of NIKE (NYSE:NKE) to $67.00
Previously on 09/26/2016, Vetr Inc. released a statement about NIKE (NYSE:NKE) raised the target price from $0.00 to $58.12 that suggested an upside of 0.05%.
Boasting a price of $55.34, NIKE (NYSE:NKE) traded 1.73% higher on the day. The last close is down -3.47% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $56.79 and a two hundred day average of $57.33. Trade Volume was up over the average, with 17,957,015 shares of NKE changing hands over the typical 9,160,860
Recent Performance Chart
With a total market value of $0, NIKE has price-earnings ratio of 25.62 with a one year low of $51.48 and a 52 week high of $68.19 .
Also covering NIKE's stock price target, a total of 28 brokers have issued a ratings update on the company. The average stock price target is $70.52 with nine analysts rating the company a strong buy, fifteen equity analysts rating the company a buy, 8 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell.
Brief Synopsis On NIKE (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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