Trading Report: Today, SunTrust Banks Inc. Begins Coverage on Acushnet Holdings Corp (GOLF)

Today, SunTrust Banks Inc. Begins Coverage on Acushnet Holdings Corp (GOLF)

SunTrust Banks Inc. began coverage on shares of Acushnet Holdings Corp (NYSE:GOLF) in a research report sent to investors on Tuesday morning. The firm issued a buy rating on the stock.

A number of other brokerages also recently commented on GOLF. Roth Capital reaffirmed a buy rating on shares of Acushnet Holdings Corp in a report on Monday, October 31st. Compass Point began coverage on shares of Acushnet Holdings Corp in a report on Monday, October 31st. They issued a buy rating and a $23.50 price target for the company. UBS AG began coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a buy rating and a $22.00 price target for the company. Deutsche Bank AG began coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a hold rating and a $20.00 price target for the company. Finally, Wells Fargo & Co. began coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a market perform rating for the company. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $21.95.

Acushnet Holdings Corp (NYSE:GOLF) opened at 20.25 on Tuesday. The firm’s 50 day moving average price is $18.40 and its 200-day moving average price is $18.40. Acushnet Holdings Corp has a 12-month low of $16.90 and a 12-month high of $20.50. The stock’s market cap is $441.88 million.

About Acushnet Holdings Corp

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