Equities researchers at JPMorgan Chase & Co. initiated coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research note issued on Tuesday. The firm set a “neutral” rating on the stock.

Several other equities research analysts have also commented on GOLF. SunTrust Banks Inc. assumed coverage on Golfsmith International Holdings in a research report on Tuesday. They set a “buy” rating on the stock. Morgan Stanley assumed coverage on Golfsmith International Holdings in a research report on Tuesday. They set an “overweight” rating on the stock. Raymond James Financial Inc. assumed coverage on Golfsmith International Holdings in a research report on Tuesday. They set an “outperform” rating on the stock. Nomura assumed coverage on Golfsmith International Holdings in a research report on Tuesday. They set a “buy” rating on the stock. Finally, Jefferies Group restated a “buy” rating and set a $25.00 target price on shares of Golfsmith International Holdings in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $22.00.

Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.25 on Tuesday. The firm’s 50 day moving average price is $18.40 and its 200 day moving average price is $18.40. The firm’s market cap is $441.88 million. Golfsmith International Holdings has a 52-week low of $16.90 and a 52-week high of $20.50.

In related news, Director Gregory A. Hewett acquired 10,000 shares of the stock in a transaction dated Wednesday, November 2nd. The stock was purchased at an average cost of $17.00 per share, with a total value of $170,000.00. Following the completion of the purchase, the director now directly owns 10,000 shares in the company, valued at approximately $170,000. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider William C. Burke acquired 50,000 shares of the stock in a transaction dated Wednesday, November 2nd. The stock was bought at an average cost of $17.00 per share, with a total value of $850,000.00. Following the completion of the purchase, the insider now owns 128,678 shares of the company’s stock, 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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