In a report released today, Dave King from Roth Capital reiterated a Buy rating on Callaway Golf (NYSE: ELY), with a price target of $24. The company’s shares opened today at $21.63.
According to TipRanks.com, King ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -8.3% and a 38.2% success rate. King covers the Consumer Goods sector, focusing on stocks such as Differential Brands Group, Clarus Corporation, and Acushnet Holdings.
Callaway Golf has an analyst consensus of Strong Buy, with a price target consensus of $23.80, implying a 10.0% upside from current levels. In a report released today, Jefferies also reiterated a Buy rating on the stock with a $25 price target.
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The company has a one-year high of $23.60 and a one-year low of $12.64. Currently, Callaway Golf has an average volume of 901.4K.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.
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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.
