DA Davidson Downgrades Acushnet Holdings Corp. (NYSE:GOLF) to Neutral
Acushnet Holdings Corp. (NYSE:GOLF) was downgraded by research analysts at DA Davidson from a “buy” rating to a “neutral” rating in a note issued to investors on Friday.
Separately, Roth Capital downgraded shares of Acushnet Holdings Corp. from a “buy” rating to a “neutral” rating and set a $20.00 target price on the stock. in a research report on Monday, August 7th. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Acushnet Holdings Corp. has an average rating of “Hold” and a consensus target price of $21.65.
Acushnet Holdings Corp. (GOLF) opened at 15.95 on Friday. Acushnet Holdings Corp. has a 52-week low of $15.16 and a 52-week high of $22.31. The company has a market cap of $1.19 billion and a P/E ratio of 18.85. The company has a 50-day moving average of $18.89 and a 200-day moving average of $18.43.
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Acushnet Holdings Corp. Company Profile
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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