Acushnet (GOLF) Upgraded to “Buy” at ValuEngine
ValuEngine upgraded shares of Acushnet (NYSE:GOLF) from a hold rating to a buy rating in a research report sent to investors on Thursday.
GOLF has been the subject of several other research reports. KeyCorp lifted their target price on shares of Acushnet from $22.00 to $24.00 and gave the stock an overweight rating in a report on Thursday, January 25th. SunTrust Banks reaffirmed a buy rating and set a $24.00 target price on shares of Acushnet in a report on Friday, January 26th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of $22.75.
Shares of Acushnet (NYSE:GOLF) opened at $21.05 on Thursday. The company has a market cap of $1,567.79, a PE ratio of 20.05, a P/E/G ratio of 2.68 and a beta of 0.88. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.21 and a current ratio of 2.31. Acushnet has a twelve month low of $15.16 and a twelve month high of $22.08.
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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