Harley-Davidson PT Raised to $70.00 (HOG)
Investment analysts at Barclays lifted their price target on shares of Harley-Davidson (NYSE:HOG) from $63.00 to $70.00 in a note issued to investors on Monday, Analyst Ratings Network reports. The firm currently has an “overweight” rating on the stock. Barclays’ price target would indicate a potential upside of 14.32% from the company’s current price.
Shares of Harley-Davidson (NYSE:HOG) traded down 0.75% during mid-day trading on Monday, hitting $61.23. 2,373,955 shares of the company’s stock traded hands. Harley-Davidson has a 1-year low of $49.15 and a 1-year high of $70.04. The stock has a 50-day moving average of $67.46 and a 200-day moving average of $64.07. The company has a market cap of $13.504 billion and a price-to-earnings ratio of 18.81.
Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.34 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.34. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.04 billion. Analysts expect that Harley-Davidson will post $3.89 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Harley-Davidson from $63.00 to $69.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Harley-Davidson in a research note to investors on Monday, December 2nd. They now have a $70.00 price target on the stock. Finally, analysts at UBS AG raised their EPS on shares of Harley-Davidson in a research note to investors on Monday, December 2nd. They now have a “neutral” rating and a $67.00 price target on the stock. They previously had a $59.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. Harley-Davidson presently has an average rating of “Hold” and a consensus target price of $68.17.
Harley-Davidson, Inc produces heavyweight cruiser and touring motorcycles. HDFS provides wholesale and retail financing and insurance programs primarily to Harley-Davidson dealers and customers.
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