JPMorgan Chase & Co. began coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a report issued on Tuesday. The brokerage issued a neutral rating on the stock.

GOLF has been the topic of several other research reports. SunTrust Banks Inc. started coverage on Golfsmith International Holdings in a report on Tuesday. They set a buy rating on the stock. Morgan Stanley initiated coverage on Golfsmith International Holdings in a report on Tuesday. They set an overweight rating on the stock. Raymond James Financial Inc. initiated coverage on Golfsmith International Holdings in a report on Tuesday. They issued an outperform rating on the stock. Nomura initiated coverage on Golfsmith International Holdings in a report on Tuesday. They issued a buy rating on the stock. Finally, Deutsche Bank AG reiterated a hold rating and issued a $20.00 price objective on shares of Golfsmith International Holdings in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of $22.00.

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

In other news, Director Gregory A. Hewett purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were purchased at an average price of $17.00 per share, for a total transaction of $170,000.00. Following the purchase, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $170,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William C. Burke purchased 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 2nd. The shares were purchased at an average price of $17.00 per share, for a total transaction of $850,000.00. Following 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

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