A report released today by Jefferies about Acushnet (NYSE:GOLF) raises the target price to $25.00
- Updated: November 27, 2016
Yesterday Acushnet (NYSE:GOLF) traded -0.05% lower at $19.02. The company’s 50-day moving average is $18.49 and its 200-day moving average is $18.49. The last stock close price is up 9.45% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 89,661 shares of the stock were exchanged, down from an average trading volume of 657,235
Acushnet (NYSE:GOLF) had its target bumped up to $25.00 by Jefferies in an issued report announced 11/22/2016. The bumped up price target implies a potential upside of 0.31% from the company's last stock close price.
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Acushnet has a 52 week low of $16.90 and a 52 week high of $20.50 The company’s market cap is currently $0.
About Acushnet (NYSE:GOLF)
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. The company's Titleist golf ball segment is engaged in designing and manufacturing a golf ball. It sells Titleist Pro V1. The Company also designs, manufactures and sells other golf balls under the Titleist brand, such as NXT Tour, Velocity and DT TruSoft, as well as under the Pinnacle brand. The Company designs, assembles and sells golf clubs (drivers, fairways, hybrids and irons) under the Titleist brand, wedges under the Vokey Design brand, and putters under the Scotty Cameron brand. Titleist golf clubs, Vokey Design wedges and Scotty Cameron putters are used by the players.
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