B.Riley FBR Believes Callaway Golf (ELY) Still Has Room to Grow


In a report issued on October 17, Susan Anderson from B.Riley FBR reiterated a Buy rating on Callaway Golf (NYSE: ELY), with a price target of $27. The company’s shares closed on Friday at $22.97, close to its 52-week high of $24.67.

According to TipRanks.com, Anderson is a 4-star analyst with an average return of 4.8% and a 48.5% success rate. Anderson covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and Urban Outfitters.

Callaway Golf has an analyst consensus of Strong Buy, with a price target consensus of $24.72.

See today’s analyst top recommended stocks >>

The company has a one-year high of $24.67 and a one-year low of $13.49. Currently, Callaway Golf has an average volume of 1.07M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Callaway Golf Co. engages in the manufacture and distribution of golf equipment and accessories. It operates through the following segments: Golf Clubs, Golf Balls, and Gear, Accessories, and Other.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts