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Zacks Investment Research upgraded Nike Inc (NYSE:NKE) to Hold in a report released today.

Yesterday Nike Inc (NYSE:NKE) traded -0.47% lower at $55.40. The company’s 50-day moving average is $56.85 and its 200-day moving average is $57.42. The last stock close price is down -3.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 8,921,732 shares of the stock were exchanged, down from an average trading volume of 9,280,370

Zacks Investment Research has upgraded Nike Inc (NYSE:NKE) to Hold in a report released on 09/22/2016.

Performance Chart

Nike Inc (NYSE:NKE)

With a total market value of $0, Nike Inc has price-earnings ratio of 25.53 with a one year low of $51.48 and a one year high of $68.19 .

A total of 28 analysts have released a research note on NKE. Nine analysts rating the company a strong buy, fifteen equity analysts rating the company a buy, eight equity analysts rating the company a hold, zero equity analysts 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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