RBC Capital analyst Piral Dadhania maintained a Hold rating on Nike (NKE – Research Report) today and set a price target of $100.00. The company’s shares opened today at $94.37.
Dadhania covers the Consumer Cyclical sector, focusing on stocks such as PUMA SE NPV, Nike, and The Swatch Group. According to TipRanks, Dadhania has an average return of -4.1% and a 39.94% success rate on recommended stocks.
In addition to RBC Capital, Nike also received a Hold from CFRA’s Zachary Warring in a report issued on March 22. However, yesterday, Wedbush assigned a Buy rating to Nike (NYSE: NKE).
NKE market cap is currently $142.6B and has a P/E ratio of 27.21.
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Nike (NKE) Company Description:
NIKE, Inc. is a maker of athletic footwear, apparel, accessories and equipment. It also sells athletic lifestyle sneakers, apparel and accessories under the Converse line. The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR.
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