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Enter Symbol:
 
Nike, Inc. (NKE) [hlAlert]

Rating:
Overweight
NKE
up 90.49 %

Nike, Inc. (NKE) rated Overweight with price target $67 by HSBC Securities

Posted on: Wednesday,  Apr 3, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Nike, Inc. (NYSE: NKE) on 04/03/2013, when the stock price was $59.12. Since
then, Nike, Inc. has gained 90.49% as of 12/28/2015's recent price of $112.62.
If you would have followed this HSBC Securities's recommendation on NKE, you would have gained 90.49% of your investment in 999 days.

NIKE, Inc. (NIKE) is engaged in the design, development and worldwide marketing of footwear, apparel, equipment, and accessory products. NIKE sells athletic footwear and athletic apparel. It sells its products to retail accounts, through NIKE-owned retail, including stores and Internet sales, and through a mix of independent distributors and licensees, in over 170 countries around the world. Running, training, basketball, soccer, sport-inspired casual shoes, and Kid?s shoes are its footwear categories. It also markets shoes designed for aquatic activities, baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. It sells a line of performance equipment under the NIKE brand name, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/3/2013 8:25 AM Buy
None
59.12 67.00
as of 12/13/2013
1 Week down  -4.33 %
1 Month down  -1.86 %
3 Months up  12.50 %
1 YTD up  48.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/29/2012 8:25 AM Buy
None
24.94 28.00
7/20/2012 8:26 AM Hold
None
23.41 25.25
9/6/2011 8:25 AM Hold
None
20.23 24.00
3/25/2010 9:25 AM Buy
None
18.50 21.25
7/21/2008 8:25 AM Hold
None
14.24
7/3/2007 9:25 AM Buy
None
14.75 16.75

(*) Stock Price at the time of the recommendation.
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