Wells Fargo & Co. started coverage on shares of Acushnet Holdings Corp (NYSE:GOLF) in a note issued to investors on Tuesday. The brokerage set a “market perform” rating on the stock.

A number of other research analysts have also issued reports on GOLF. Compass Point initiated coverage on shares of Acushnet Holdings Corp in a report on Monday, October 31st. They issued a “buy” rating and a $23.50 target price on the stock. Roth Capital started coverage on shares of Acushnet Holdings Corp in a research note on Tuesday, November 1st. They set a “buy” rating and a $23.00 price objective for the company. Credit Suisse Group AG started coverage on shares of Acushnet Holdings Corp in a research note on Tuesday. They set a “neutral” rating and a $20.00 price objective for the company. UBS AG started coverage on shares of Acushnet Holdings Corp in a research note on Tuesday. They set a “buy” rating and a $22.00 price objective for the company. Finally, Deutsche Bank AG started coverage on shares of Acushnet Holdings Corp in a research note on Tuesday. They set a “hold” rating and a $20.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $21.95.

Analyst Recommendations for Acushnet Holdings Corp (NYSE:GOLF)

Acushnet Holdings Corp (NYSE:GOLF) opened at 20.25 on Tuesday. The company has a 50-day moving average of $18.40 and a 200-day moving average of $18.40. Acushnet Holdings Corp has a 52 week low of $16.90 and a 52 week high of $20.50. The stock’s market cap is $441.88 million.

TRADEMARK VIOLATION WARNING: This news story was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of United States & international copyright laws. The correct version of this news story can be read at https://www.thecerbatgem.com/2016/11/24/acushnet-holdings-corp-golf-coverage-initiated-at-wells-fargo-co.html.

About Acushnet Holdings Corp

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

Receive News & Stock Ratings for Acushnet Holdings Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acushnet Holdings Corp and related stocks with our FREE daily email newsletter.