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Wednesday, 14 December 2011 |
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Nike's shares have been reason for agreement between
analysts at Citigroup, UBS AG and Stifel Nicolaus, as all of them have rated the athletic apparel stock as a 'buy'.
Equities research analysts at UBS AG cut their earnings per share (EPS) estimates on shares of NIKE in a research note issued to investors on Tuesday. They currently have a “buy” rating and a $106.00 price target on the company’s shares.
Separately, analysts at Stifel Nicolaus raised their price target on shares of NIKE from $98.00 to $108.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. Analysts at Citigroup reiterated a “buy” rating on shares of NIKE in a research note to investors on Wednesday, December 7th.
Also, analysts at Citigroup raised their price target on shares of NIKE to $113.00 in a research note to investors on Wednesday, December 7th.
Shares of NIKE traded down 0.66% during mid-day trading on Tuesday, hitting $96.31. NIKE has a 52 week low of $69.43 and a 52 week high of $98.25. The stock’s 50-day moving average is $94.64 and its 200-day moving average is $88.58. The company has a market cap of $44.656 billion and a price-to-earnings ratio of 21.05.
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