The stocks of NKE have a rating of buy as prescribed by several investment analysts working at Barclays in a research report that was given to investors and clients last Friday. Currently, the price target of the company is $174, which implies an annual growth rate of about 26.15% on the current price of the stock.
Stock Commentary of NKE
There have been quite a few brokerage firms that have commented on the stocks of NKE. Telsey Advisory Group has increased the price target of the company from $155 to $175, along with a rating of outperform in a 21st December research report. Argus has also increased the price target of the company from $140 to $165, with a rating of buy in a 22nd December research note.
The Royal Bank of Canada has also gone down the same way- having increased the price target of the company from $160 to $165, along with a rating of buy. BTIG Research has elevated the price target of the company from $152 to $162 in a 21st December research note. In the end, Wells Fargo & Company joined the club with a price target that was increased from $146 to $157 with an overweight rating.
One of the investment analysts gave the company a rating of sell, while two of them gave the company a rating of hold. Close to thirty-one analysts have a buy rating issued on the stocks of NKE. Currently, the company has a buy rating with a $159 price target.
The stocks of NKE traded on Friday at $5.24. The year low of the company is $60.58, with the year high set at $147.95. The debt-to-equity ratio of the company is 0.88, with a 2.66 current ratio. The quick ratio has been set at 1.97. The company also has a $217.45 billion market cap, with a 78.42 PE ratio.
