Zacks Investment Research upgraded Arctic Cat Inc (NASDAQ:ACAT) to Hold in a statement released earlier today.
- Updated: October 4, 2016
Zacks Investment Research has upgraded Arctic Cat Inc (NASDAQ:ACAT) to Hold in a report released on Tuesday October 04, 2016.
On 9/30/2016, Jefferies released a statement for Arctic Cat Inc (NASDAQ:ACAT) increased the target price from $0.00 to $19.00. At the time, this indicated a possible upside of 0.32%.
Yesterday Arctic Cat Inc (NASDAQ:ACAT) traded -1.56% lower at $15.74. ACAT’s 50-day average is $14.66 and its two hundred day average is $15.77. With the last stock price close down 0.05% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 95,844 shares of Arctic Cat Inc traded, down from an average trading volume of 136,453
Recent Performance Chart
Arctic Cat Inc has with a one year low of $8.90 and a 52 week high of $25.60 and has a market cap of $0.
Also covering Arctic Cat Inc's price target, a total of 7 analysts have released a research note on the company. The average stock price target is $15.29 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, five equity analysts rating the company a hold, 0 brokerages rating the stock a underperform, and finally one analyst rating the stock a sell.
General Information About Arctic Cat Inc (NASDAQ:ACAT)
Arctic Cat Inc. (Arctic Cat) designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) and recreational off-highway vehicles (side-by-sides or ROVs), as well as related parts, garments and accessories (PG&A). The Company offers its products under the Arctic Cat and MotorFist brand names. The Company operates through two segments: snowmobile and ATV/ROV, and PG&A. The Company produces a line of snowmobiles, consisting of approximately 60 models, marketed under the Arctic Cat brand name. Its ATVs line includes approximately 30 models. The Company offers a total of approximately 16 models under ROVs. The Company provides Arctic Cat Snowmobile, ATV and ROV parts, garments and accessories. It markets its products through a network of independent dealers located throughout the United States, Canada and Europe, and through distributors representing dealers in Europe, Russia, South America, the Middle East, China, Asia and other international markets.
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