Golfsmith International Holdings, Inc. (GOLF) Receives “Hold” Rating from Deutsche Bank AG
Deutsche Bank AG restated their hold rating on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a research note issued to investors on Thursday. They currently have a $20.00 price target on the stock.
Other equities research analysts have also issued reports about the stock. Jefferies Group reissued a buy rating and issued a $25.00 target price on shares of Golfsmith International Holdings in a report on Wednesday. DA Davidson restated a buy rating and issued a $23.00 price target on shares of Golfsmith International Holdings in a research note on Thursday. Finally, Credit Suisse Group AG restated a neutral rating and issued a $20.00 price target on shares of Golfsmith International Holdings in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $22.00.
Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.25 on Thursday. Golfsmith International Holdings 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.
In related news, Director Gregory A. Hewett purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, November 2nd. The stock was bought at an average cost of $17.00 per share, for a total transaction of $170,000.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at $170,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider William C. Burke purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, November 2nd. The stock was bought at an average price of $17.00 per share, with a total value of $850,000.00. Following the completion of the transaction, 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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About Golfsmith International Holdings
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