Acushnet (NYSE:GOLF) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.
GOLF has been the topic of several other research reports. SunTrust Banks reaffirmed a “buy” rating and set a $24.00 price target on shares of Acushnet in a report on Friday, January 26th. KeyCorp lifted their price target on shares of Acushnet from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday, January 25th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Acushnet has an average rating of “Buy” and an average price target of $22.75.
Shares of Acushnet (GOLF) traded up $0.10 during trading hours on Thursday, reaching $20.36. 218,321 shares of the company’s stock traded hands, compared to its average volume of 180,127. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.31 and a quick ratio of 1.21. Acushnet has a twelve month low of $15.16 and a twelve month high of $22.08. The stock has a market capitalization of $1,499.27, a P/E ratio of 19.39, a P/E/G ratio of 2.56 and a beta of 0.88.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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