Stock analysts at KeyCorp initiated coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a report issued on Tuesday. The firm set an “overweight” rating on the stock.

GOLF has been the subject of several other reports. Roth Capital initiated coverage on Golfsmith International Holdings in a research report on Tuesday, November 1st. They issued a “buy” rating and a $23.00 target price for the company. Compass Point began coverage on Golfsmith International Holdings in a research report on Monday, October 31st. They set a “buy” rating and a $23.50 price objective for the company. SunTrust Banks Inc. began coverage on Golfsmith International Holdings in a research report on Tuesday. They set a “buy” rating for the company. Wells Fargo & Co. began coverage on Golfsmith International Holdings in a research report on Tuesday. They set a “market perform” rating for the company. Finally, Deutsche Bank AG began coverage on Golfsmith International Holdings in a research report on Tuesday. They set a “hold” rating for the company. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Golfsmith International Holdings currently has an average rating of “Buy” and an average price target of $23.25.

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

In other Golfsmith International Holdings news, CEO Walter R. Uihlein bought 70,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 2nd. The stock was purchased at an average price of $17.00 per share, for a total transaction of $1,190,000.00. Following the completion of the purchase, the chief executive officer now directly owns 702,196 shares in the company, valued at $11,937,332. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Wb Atlas Llc sold 4,029,099 shares of the business’s stock in a transaction that occurred 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 disclosure for this sale 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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