KeyBanc analyst Noah Zatzkin reiterated a Buy rating on Acushnet Holdings (GOLF – Research Report) today. The company’s shares closed yesterday at $54.90.
Zatzkin covers the Consumer Cyclical sector, focusing on stocks such as Acushnet Holdings, Nordstrom, and Oxford Industries. According to TipRanks, Zatzkin has an average return of -10.8% and a 27.27% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Acushnet Holdings with a $64.33 average price target, a 17.18% upside from current levels. In a report released on October 30, Compass Point also upgraded the stock to a Buy with a $60.00 price target.
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The company has a one-year high of $61.77 and a one-year low of $41.58. Currently, Acushnet Holdings has an average volume of 291.8K.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GOLF in relation to earlier this year.
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Acushnet Holdings (GOLF) Company Description:
Acushnet Holdings Corp. engages in the design, development, manufacture, and distribution of golf products. It operates through the following segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, FootJoy Golf Wear, and Other. The Titleist Golf Balls segment involves in the design and manufacture of golf balls. The Titleist Golf Clubs segment designs, assembles, and sells golf clubs such as drivers, fairways, hybrids, and irons. The Titleist Golf Gear segment offers golf bags, headwear, gloved, travel gear, and head covers. The FootJoy Golf Wear segment includes golf shoes, gloves, and apparel. The company was founded by Phil Young in 1910 and is headquartered in Fairhaven, MA.
Read More on GOLF:
- GOLF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Acushnet Holdings upgraded to Buy at Compass Point ahead of Q3 report
- Acushnet Holdings upgraded to Buy from Neutral at Compass Point
- Acushnet Holdings assumed with an Equal Weight at Morgan Stanley
- Acushnet Holdings management to meet virtually with Compass Point
