Nomura assumed coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a report released on Tuesday. The brokerage issued a buy rating and a $22.00 price objective on the stock.

Several other analysts have also issued reports on the company. Compass Point started coverage on Golfsmith International Holdings in a research note on Monday, October 31st. They issued a buy rating and a $23.50 target price on the stock. Roth Capital assumed coverage on Golfsmith International Holdings in a research note on Tuesday, November 1st. They set a buy rating and a $23.00 price objective on the stock. Deutsche Bank AG assumed coverage on Golfsmith International Holdings in a research note on Tuesday. They set a hold rating and a $20.00 price objective on the stock. Credit Suisse Group AG assumed coverage on Golfsmith International Holdings in a research note on Tuesday. They set a neutral rating and a $20.00 price objective on the stock. Finally, Wells Fargo & Co. assumed coverage on Golfsmith International Holdings in a research note on Tuesday. They set a market perform rating on the stock. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $21.94.

Golfsmith International Holdings (NASDAQ:GOLF) traded up 1.25% during mid-day trading on Tuesday, reaching $20.27. The company had a trading volume of 81,425 shares. Golfsmith International Holdings has a 12-month low of $16.90 and a 12-month high of $20.29. The stock 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 $442.31 million.

In other Golfsmith International Holdings news, major shareholder Wb Atlas Llc sold 4,029,099 shares of the company’s stock in a transaction dated Wednesday, November 2nd. The stock was sold at an average price of $17.00, for a total value of $68,494,683.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider William C. Burke bought 50,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The stock was acquired at an average price of $17.00 per share, for a total transaction of $850,000.00. Following the completion of the purchase, the insider now directly owns 128,678 shares in the company, valued at $2,187,526. The disclosure for this purchase can be found here.

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Golfsmith International Holdings Company Profile

5 Day Chart for NASDAQ:GOLF

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