Home » USA Broker Ratings » Nike – Consensus Indicates Potential .1% Upside

Nike – Consensus Indicates Potential .1% Upside

Nike found using ticker (NKE) have now 32 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 133 and 64.5 with a mean TP of 99.3. Now with the previous closing price of 99.21 this is indicating there is a potential upside of .1%. The 50 day MA is 94.64 while the 200 day moving average is 93.19. The market capitalisation for the company is $153,093m. You can visit the company’s website by visiting: http://www.nike.com

NIKE, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks; and action sports and youth lifestyle apparel and accessories under the Hurley trademark. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports and changed its name to NIKE in 1971. NIKE was founded in 1964 and is headquartered in Beaverton, Oregon.

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