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Polaris Industries (NYSE:PII) target price raised to $69.00, reported today by Jefferies

Yesterday Polaris Industries (NYSE:PII) traded 1.35% higher at $75.47. The company’s 50-day moving average is $83.43 and its 200-day moving average is $88.78. The last stock close price is down -13.84% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 203,139 shares of the stock were exchanged, down from an average trading volume of 1,405,900

Polaris Industries (NYSE:PII) had its target price raised to $69.00 by Jefferies in a report released 9/30/2016. The new target price indicates a possible downside of -0.09% based on the company's last stock close price.

Previously on 9/13/2016, RBC Capital Markets reported about Polaris Industries (NYSE:PII) lowered the target price from $88.00 to $69.00. At the time, this indicated a possible downside of -0.08%.

See Chart Below

Polaris Industries (NYSE:PII)

Polaris Industries has a 52 week low of $67.80 and a 52 week high of $124.39 with a P/E ratio of 13.21 The company’s market cap is currently $0.

In addition to Jefferies reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is $100.00 with 4 firms rating the stock a strong buy, 4 firms rating the stock a buy, 11 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Polaris Industries (NYSE:PII)

Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and global adjacent markets vehicles, together with the related parts, garments and accessories. The Company's segments are ORV/Snowmobiles, Motorcycles and Global Adjacent Markets. These products are sold through dealers and distributors located in the United States, Canada, Western Europe, Australia and Mexico. Its ORVs include Sportsman ATVs, Polaris ACE, RANGER, RZR and Polaris GENERAL side-by-side vehicles. It produces snowmobiles, ranging from youth models to utility and economy models to performance and competition models. Its Motorcycles segment consists of Victory, Indian motorcycles and the moto-roadster, Slingshot. It offers products in the light-duty hauling, people mover and urban/suburban commuting sub-sectors of the Work and Transportation industry.

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