Investment analysts at DA Davidson started coverage on shares of Acushnet Holdings Corp (NYSE:GOLF) in a research report issued on Tuesday. The firm set a “buy” rating and a $23.00 price target on the stock. DA Davidson’s target price suggests a potential upside of 13.58% from the company’s current price.

Several other equities analysts have also recently issued reports on GOLF. Morgan Stanley began coverage on Acushnet Holdings Corp in a research note on Tuesday. They set an “overweight” rating on the stock. KeyCorp initiated coverage on Acushnet Holdings Corp in a research note on Tuesday. They set an “overweight” rating and a $23.00 price objective on the stock. UBS AG initiated coverage on Acushnet Holdings Corp in a research report on Tuesday. They issued a “buy” rating and a $22.00 target price on the stock. Credit Suisse Group AG initiated coverage on Acushnet Holdings Corp in a research report on Tuesday. They issued a “neutral” rating and a $20.00 target price on the stock. Finally, SunTrust Banks Inc. initiated coverage on Acushnet Holdings Corp in a research report on Tuesday. They issued a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $21.95.

Analyst Recommendations for Acushnet Holdings Corp (NYSE:GOLF)

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

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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

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