Acushnet Holdings (GOLF) Gets a Sell Rating from Wells Fargo

Wells Fargo analyst Tim Conder maintained a Sell rating on Acushnet Holdings (GOLF) yesterday. The company’s shares closed last Thursday at $34.83.

According to, Conder is a 4-star analyst with an average return of 11.7% and a 60.5% success rate. Conder covers the Consumer Goods sector, focusing on stocks such as Patrick Industries, Harley-Davidson, and Malibu Boats.

Currently, the analyst consensus on Acushnet Holdings is a Moderate Sell with an average price target of $29.58.

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Acushnet Holdings’ market cap is currently $2.75B and has a P/E ratio of 30.70. The company has a Price to Book ratio of 14.59.

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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. The Titleist Golf Clubs segment designs, assembles, and sells golf clubs such as drivers, fairways, hybrids, and irons. The Titleist Golf Gear segment offers golf bags, headwear, gloved, travel gear, and head covers. The FootJoy Golf Wear segment includes golf shoes, gloves, and apparel. The company was founded by Phil Young in 1910 and is headquartered in Fairhaven, MA.

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