Deutsche Bank AG initiated coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research note published on Tuesday morning. The firm issued a hold rating and a $20.00 price objective on the stock.

Other equities research analysts also recently issued reports about the stock. Roth Capital assumed coverage on shares of Golfsmith International Holdings in a research report on Tuesday, November 1st. They issued a buy rating and a $23.00 price objective on the stock. Compass Point assumed coverage on shares of Golfsmith International Holdings in a research report on Monday, October 31st. They issued a buy rating and a $23.50 price objective on the stock. Finally, Credit Suisse Group AG assumed coverage on shares of Golfsmith International Holdings in a research report on Tuesday. They issued a neutral rating and a $20.00 price objective on the stock. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of $21.94.

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

Golfsmith International Holdings (NASDAQ:GOLF) traded up 0.90% during midday trading on Tuesday, hitting $20.20. 80,925 shares of the stock traded hands. The stock’s market cap is $440.78 million. Golfsmith International Holdings 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.

In related news, insider William C. Burke purchased 50,000 shares of the business’s stock in a transaction dated 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 acquisition, the insider now directly owns 128,678 shares of the company’s stock, valued at approximately $2,187,526. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Wb Atlas Llc sold 4,029,099 shares of the stock in a transaction dated Wednesday, November 2nd. The shares were sold at an average price of $17.00, for a total transaction of $68,494,683.00. The disclosure for this sale can be found here.

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About Golfsmith International Holdings

5 Day Chart for NASDAQ:GOLF

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