Investment analysts at Morgan Stanley started coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research note issued to investors on Tuesday. The brokerage set an “overweight” rating on the stock.

Several other equities research analysts have also recently commented on GOLF. Wells Fargo & Co. initiated coverage on Golfsmith International Holdings in a research note on Tuesday. They set a “market perform” rating for the company. JPMorgan Chase & Co. initiated coverage on Golfsmith International Holdings in a research note on Tuesday. They set a “neutral” rating for the company. KeyCorp initiated coverage on Golfsmith International Holdings in a research note on Tuesday. They set an “overweight” rating for the company. Credit Suisse Group AG initiated coverage on Golfsmith International Holdings in a research note on Tuesday. They set a “neutral” rating for the company. Finally, Compass Point initiated coverage on Golfsmith International Holdings in a research note on Monday, October 31st. They set a “buy” rating and a $23.50 price target for the company. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Golfsmith International Holdings has a consensus rating of “Buy” and a consensus target price of $23.25.

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

Shares of Golfsmith International Holdings (NASDAQ:GOLF) opened at 19.02 on Tuesday. The firm’s market cap is $415.04 million. The firm’s 50-day moving average is $18.20 and its 200 day moving average is $18.20. Golfsmith International Holdings has a 52 week low of $16.90 and a 52 week high of $19.18.

In other Golfsmith International Holdings news, major shareholder Wb Atlas Llc sold 4,029,099 shares of the stock in a transaction on Wednesday, November 2nd. The stock was sold at an average price of $17.00, for a total value of $68,494,683.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William C. Burke acquired 50,000 shares of the business’s stock in a transaction on Wednesday, November 2nd. The stock was acquired at an average price of $17.00 per share, with a total value of $850,000.00. Following the transaction, the insider now directly owns 128,678 shares of the company’s stock, valued at approximately $2,187,526. The disclosure for this purchase can be found here.

About Golfsmith International Holdings

Golfsmith International Holdings, Inc, the parent company of Golfsmith International, Inc, is a holding company. The Company is a specialty retailer of golf and tennis equipment, apparel, footwear and accessories. The Company operates as an integrated multi-channel retailer, providing its customers the convenience of shopping in the retail stores across United States, through its Internet site, www.golfsmith.com, and from its catalogs.

5 Day Chart for NASDAQ:GOLF

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