Raymond James Financial Inc. started coverage on shares of Acushnet Holdings Corp (NYSE:GOLF) in a research note released on Tuesday. The brokerage issued an outperform rating and a $22.00 price objective on the stock.

Other analysts also recently issued research reports about the stock. Roth Capital reaffirmed a buy rating on shares of Acushnet Holdings Corp in a report on Monday, October 31st. Compass Point assumed coverage on shares of Acushnet Holdings Corp in a report on Monday, October 31st. They issued a buy rating and a $23.50 price objective for the company. UBS AG assumed coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a buy rating and a $22.00 price objective for the company. Nomura assumed coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a buy rating and a $22.00 price objective for the company. Finally, SunTrust Banks Inc. assumed coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a buy rating for the company. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Acushnet Holdings Corp has a consensus rating of Buy and a consensus price target of $21.95.

Analyst Recommendations for Acushnet Holdings Corp (NYSE:GOLF)

Acushnet Holdings Corp (NYSE:GOLF) traded up 0.85% during mid-day trading on Tuesday, hitting $20.19. 123,357 shares of the stock traded hands. Acushnet Holdings Corp has a one year low of $16.90 and a one year high of $20.29. The company has a 50 day moving average price of $18.30 and a 200-day moving average price of $18.30. The stock’s market capitalization is $440.57 million.

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Acushnet Holdings Corp Company Profile

Acushnet Holdings Inc is involved in the design, development, manufacture and distribution of performance-driven golf products. Their brands include Titleist, one of golf’s leading performance equipment brands, and FootJoy, one of golf’s leading performance wear brands.

5 Day Chart for NYSE:GOLF

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