In a report released today, Casey Alexander from Compass Point reiterated a Hold rating on Acushnet Holdings (NYSE: GOLF), with a price target of $24.50. The company’s shares opened today at $25.40, close to its 52-week high of $25.73.
Alexander has an average return of 18.7% when recommending Acushnet Holdings.
According to TipRanks.com, Alexander is ranked #2493 out of 4839 analysts.
Currently, the analyst consensus on Acushnet Holdings is a Moderate Buy with an average price target of $26.10, representing a 2.8% upside. In a report issued on July 31, Nomura also downgraded the stock to Hold with a $25 price target.
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The company has a one-year high of $25.73 and a one-year low of $15.16. Currently, Acushnet Holdings has an average volume of 185.7K.
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Acushnet Holdings Corp. engages in the design, development, manufacture, and distribution of golf products. It operates through the following segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear, FootJoy Golf Wear, and Other. The Titleist Golf Balls segment involves in the design and manufacture of golf balls.
