Equities researchers at SunTrust Banks Inc. initiated coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research note issued on Tuesday. The brokerage set a “buy” rating on the stock.

A number of other equities research analysts have also issued reports on the stock. Credit Suisse Group AG reissued a “neutral” rating and issued a $20.00 price objective on shares of Golfsmith International Holdings in a report on Wednesday. Deutsche Bank AG reissued a “hold” rating and issued a $20.00 price objective on shares of Golfsmith International Holdings in a report on Thursday. DA Davidson reissued a “buy” rating and issued a $23.00 price objective on shares of Golfsmith International Holdings in a report on Thursday. Jefferies Group reissued a “buy” rating and issued a $25.00 price objective on shares of Golfsmith International Holdings in a report on Wednesday. Finally, Raymond James Financial Inc. began coverage on shares of Golfsmith International Holdings in a research note on Tuesday. They set an “outperform” rating for the company. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Golfsmith International Holdings currently has an average rating of “Buy” and a consensus price target of $22.00.

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.25 on Tuesday. The stock’s market cap is $441.88 million. Golfsmith International Holdings has a 12 month low of $16.90 and a 12 month high of $20.50. The stock has a 50 day moving average of $18.40 and a 200-day moving average of $18.40.

In other Golfsmith International Holdings news, CEO Walter R. Uihlein purchased 70,000 shares of Golfsmith International Holdings stock in a transaction dated Wednesday, November 2nd. The shares were acquired at an average price of $17.00 per share, with a total value of $1,190,000.00. Following the completion of the transaction, the chief executive officer now owns 702,196 shares of the company’s stock, valued at $11,937,332. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Gregory A. Hewett purchased 10,000 shares of Golfsmith International Holdings stock in a transaction dated Wednesday, November 2nd. The shares were acquired at an average cost of $17.00 per share, for a total transaction of $170,000.00. Following the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $170,000. 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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