In a report issued on October 25, Randal Konik from Jefferies reiterated a Buy rating on Callaway Golf (NYSE: ELY), with a price target of $26. The company’s shares closed on Friday at $21.83.
According to TipRanks.com, Konik is a 4-star analyst with an average return of 6.6% and a 55.5% success rate. Konik covers the Services sector, focusing on stocks such as Tailored Brands, Planet Fitness, and Tapestry Inc.
Callaway Golf has an analyst consensus of Strong Buy, with a price target consensus of $24.83, which is a 13.7% upside from current levels. In a report issued on October 17, B.Riley FBR also reiterated a Buy rating on the stock with a $27 price target.
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Callaway Golf’s market cap is currently $2.06B and has a P/E ratio of 18.5. The company has a Price to Book ratio of 2.78.
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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.
