Analysts have mixed views on Nike's (NKE) stock price over the next year, with a low target of $23 and a high of $75.
Analysts are generally cautious about Nike's (NKE) stock price over the next year, according to Yahoo Finance. Among 41 analysts, 32% issued a "buy" rating, 61% a "hold," and 7% a "sell." The lowest price target is $23, implying a potential downside of 37.5% from the September 11 closing price of $36.80, primarily due to ongoing weak sales in Greater China and declining sales for the Converse brand. The median price target is $46, suggesting a potential upside of 25%. The most optimistic price target is $75, implying a potential upside of 103.8%, which would require significant improvement in Nike's Greater China sales, growth in wholesale revenue, and demonstrated innovation capabilities.
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Source:Yahoo财经 · Source Link
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