Todays Report: The Golfsmith International Holdings, Inc. (GOLF) Now Covered by Analysts at Raymond James Financial Inc.

The Golfsmith International Holdings, Inc. (GOLF) Now Covered by Analysts at Raymond James Financial Inc.

Raymond James Financial Inc. began coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research report released on Tuesday. The brokerage issued an outperform rating on the stock.

Other research analysts have also recently issued reports about the company. Jefferies Group initiated coverage on Golfsmith International Holdings in a research note on Wednesday, November 23rd. They issued a buy rating and a $25.00 target price for the company. DA Davidson reissued a buy rating and issued a $23.00 target price on shares of Golfsmith International Holdings in a research note on Thursday. Nomura initiated coverage on Golfsmith International Holdings in a research note on Tuesday, November 22nd. They issued a buy rating and a $22.00 target price for the company. Deutsche Bank AG initiated coverage on Golfsmith International Holdings in a research note on Thursday. They issued a hold rating and a $20.00 target price for the company. Finally, Credit Suisse Group AG initiated coverage on Golfsmith International Holdings in a research note on Wednesday, November 23rd. They issued a neutral rating and a $20.00 target price for the company. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $22.30.

Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.24 on Tuesday. The firm’s market cap is $441.66 million. Golfsmith International Holdings has a one year low of $16.90 and a one year high of $20.50. The stock’s 50 day moving average price is $18.49 and its 200-day moving average price is $18.49.

In related news, insider William C. Burke bought 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were acquired at an average price of $17.00 per share, for a total transaction of $850,000.00. Following the completion of the acquisition, the insider now owns 128,678 shares of the company’s stock, valued at approximately $2,187,526. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Wb Atlas Llc sold 4,029,099 shares of the company’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $17.00, for a total value of $68,494,683.00. The disclosure for this sale can be found here.

Golfsmith International Holdings Company Profile

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