Todays Report: The Acushnet Holdings Corp (GOLF) Given Average Recommendation of “Buy” by Brokerages

The Acushnet Holdings Corp (GOLF) Given Average Recommendation of “Buy” by Brokerages

Shares of Acushnet Holdings Corp (NYSE:GOLF) have received an average rating of “Buy” from the thirteen analysts that are currently covering the stock. Four investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $21.83.

A number of equities analysts recently issued reports on the company. DA Davidson assumed coverage on Acushnet Holdings Corp in a report on Tuesday, November 22nd. They issued a “buy” rating and a $23.00 price target for the company. Morgan Stanley assumed coverage on Acushnet Holdings Corp in a report on Tuesday, November 22nd. They issued an “overweight” rating for the company. KeyCorp assumed coverage on Acushnet Holdings Corp in a report on Tuesday, November 22nd. They issued an “overweight” rating and a $23.00 price target for the company. Roth Capital assumed coverage on Acushnet Holdings Corp in a report on Tuesday, November 22nd. They issued a “buy” rating for the company. Finally, SunTrust Banks Inc. assumed coverage on Acushnet Holdings Corp in a report on Tuesday, November 22nd. They issued a “buy” rating for the company.

Shares of Acushnet Holdings Corp (NYSE:GOLF) opened at 20.24 on Wednesday. The firm’s market cap is $441.66 million. The stock’s 50 day moving average is $18.49 and its 200-day moving average is $18.49. Acushnet Holdings Corp has a 52 week low of $16.90 and a 52 week high of $20.50.

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