Trade Report: Today: Golfsmith International Holdings, Inc. (GOLF) Rating Reiterate by DA Davidson

Today: Golfsmith International Holdings, Inc. (GOLF) Rating Reiterate by DA Davidson

Golfsmith International Holdings, Inc. (NASDAQ:GOLF)‘s stock had its “buy” rating reaffirmed by equities researchers at DA Davidson in a note issued to investors on Thursday. They presently have a $23.00 target price on the stock. DA Davidson’s price target points to a potential upside of 13.64% from the company’s current price.

Several other analysts also recently issued reports on GOLF. Jefferies Group assumed coverage on Golfsmith International Holdings in a report on Wednesday, November 23rd. They set a “buy” rating and a $25.00 price objective on the stock. Credit Suisse Group AG assumed coverage on Golfsmith International Holdings in a report on Wednesday, November 23rd. They set a “neutral” rating and a $20.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $22.30.

Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.24 on Thursday. Golfsmith International Holdings has a 12 month low of $16.90 and a 12 month high of $20.50. The firm’s market capitalization is $441.66 million. The firm’s 50-day moving average is $18.49 and its 200-day moving average is $18.49.

In other news, insider William C. Burke purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, November 2nd. The stock was acquired at an average price of $17.00 per share, with a total value of $850,000.00. Following the purchase, the insider now owns 128,678 shares in the company, valued at approximately $2,187,526. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Wb Atlas Llc sold 4,029,099 shares of the business’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were 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.

About Golfsmith International Holdings

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