Equities researchers at JPMorgan Chase & Co. assumed coverage on shares of Acushnet Holdings Corp (NYSE:GOLF) in a research report issued to clients and investors on Tuesday. The brokerage set a “neutral” rating and a $21.00 price target on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 3.70% from the stock’s current price.

A number of other research firms also recently issued reports on GOLF. Nomura started coverage on shares of Acushnet Holdings Corp in a research report on Tuesday. They set a “buy” rating and a $22.00 target price for the company. KeyCorp started coverage on shares of Acushnet Holdings Corp in a research report on Tuesday. They set an “overweight” rating and a $23.00 target price for the company. SunTrust Banks Inc. started coverage on shares of Acushnet Holdings Corp in a research report on Tuesday. They set a “buy” rating for the company. Wells Fargo & Co. started coverage on shares of Acushnet Holdings Corp in a research report on Tuesday. They set a “market perform” rating for the company. Finally, Deutsche Bank AG started coverage on shares of Acushnet Holdings Corp in a research report on Tuesday. They set a “hold” rating and a $20.00 target price for the company. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Acushnet Holdings Corp has an average 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 12 month low of $16.90 and a 12 month high of $20.50. The stock’s market cap is $441.88 million. The stock’s 50 day moving average is $18.40 and its 200 day moving average is $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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