Performance Sports Group Ltd. Ordinary Shares (Canada) Coverage Initiated at Wedbush (PSG)
Wedbush initiated coverage on shares of Performance Sports Group Ltd. Ordinary Shares (Canada) (NYSE:PSG) in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $23.00 price target on the stock. Wedbush’s price target points to a potential upside of 37.81% from the company’s current price.
Performance Sports Group Ltd. Ordinary Shares (NYSE:PSG) traded up 0.36% on Tuesday, hitting $16.75. 28,110 shares of the company’s stock traded hands. Performance Sports Group Ltd. Ordinary Shares has a 1-year low of $15.80 and a 1-year high of $17.39. The stock has a 50-day moving average of $17.02 and a 200-day moving average of $17.02. The company has a market cap of $526.2 million and a P/E ratio of 23.84.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.