Why Nike, Inc. Stock Is Up 16% So Far This Year
In a volatile year for the sneaker giant, shares of Nike, Inc. (NYSE: NKE) have climbed 16% through July 20, according to data from S&P Global Market Intelligence. The stock has gained recently thanks to a strong fourth-quarter earnings report in June and a new partnership with Amazon.
Image source: Nike.
As the chart below shows, however, there have been plenty of setbacks along the way:
Source: Fool.com
Nike Inc. B Stock
€85.96
1.790%
With 46 Buy predictions and 3 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 115 € shows a positive potential of 33.78% compared to the current price of 85.96 € for Nike Inc. B.
