Acushnet Holdings Corp. (NYSE:GOLF) Given Average Rating of “Buy” by Brokerages
Acushnet Holdings Corp. (NYSE:GOLF) has earned a consensus rating of “Buy” from the fifteen ratings firms that are currently covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $21.83.
Separately, Roth Capital lowered Acushnet Holdings Corp. from a “buy” rating to a “neutral” rating in a report on Monday.
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Acushnet Holdings Corp. (NYSE GOLF) opened at 17.60 on Tuesday. The stock has a 50 day moving average price of $19.41 and a 200-day moving average price of $18.55. The stock has a market capitalization of $1.31 billion and a PE ratio of 20.80. Acushnet Holdings Corp. has a 12-month low of $16.84 and a 12-month high of $22.31.
About Acushnet Holdings Corp.
Acushnet Holdings Corp. is engaged in the design, development, manufacture and distribution of golf products. The Company is engaged in various product categories, such as golf clubs, wedges, putters, golf gloves, golf gear and golf wear. The Company operates in four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear and FootJoy Golf Wear.
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