Nike upgraded by Jefferies, UBS & Barclays CapitalWednesday, 20 June 2012
Nike‘s stock had its “buy” rating reiterated by investment
analysts at Jefferies Group in a note issued to investors on Monday. Analysts at UBS AG and McAdams Wright Ragen have also upgraded the stock.
Analysts at UBS AG upgraded shares of NIKE from a “sell” rating to a “hold” rating in a research note to investors on Thursday, June 14th. They now have a $72.00 price target on the stock.
Also at McAdams Wright Ragen´s analysis team they upped shares of NIKE from a “sell” rating to a “hold” rating in a research note to investors on Thursday, June 14th, noting the move as a valuation call.
Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of NIKE in a research note to investors on Friday, June 1st.
NIKE has a 52 week low of $76.98 and a 52 week high of $114.81. The company has a market cap of $46.479 billion and a P/E ratio of 21.16, highlighted ‘Daily Political’.