Wells Fargo Maintains Nike, Inc. - Class B (NKE) Overweight Recommendation
Fintel reports that on June 5, 2023, Wells Fargo maintained coverage of Nike, Inc. - Class B (NYSE:NKE) with a Overweight recommendation.
Analyst Price Forecast Suggests 27.70% Upside
As of June 1, 2023, the average one-year price target for Nike, Inc. - Class B is 137.63. The forecasts range from a low of 95.95 to a high of $168.00. The average price target represents an increase of 27.70% from its latest reported closing price of 107.78.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Nike, Inc. - Class B is 49,389MM, a decrease of 2.44%. The projected annual non-GAAP EPS is 3.01.
- For more in-depth coverage of Nike, Inc. - Class B, view the free, crowd-sourced company research report on Finpedia.
Nike, Inc. - Class B Declares $0.34 Dividend
On May 4, 2023 the company declared a regular quarterly dividend of $0.34 per share ($1.36 annualized). Shareholders of record as of June 5, 2023 will receive the payment on July 5, 2023. Previously, the company paid $0.34 per share.