Golfsmith International Holdings, Inc. (GOLF) Stock Rating Reaffirmed by Credit Suisse Group AG
Golfsmith International Holdings, Inc. (NASDAQ:GOLF)‘s stock had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG in a research report issued to clients and investors on Wednesday. They presently have a $20.00 price target on the stock. Credit Suisse Group AG’s target price suggests a potential downside of 1.23% from the stock’s previous close.
Separately, Jefferies Group restated a “buy” rating and issued a $25.00 target price on shares of Golfsmith International Holdings in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $22.00.
Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.25 on Wednesday. Golfsmith International Holdings has a 12 month low of $16.90 and a 12 month high of $20.50. The company has a 50-day moving average of $18.40 and a 200 day moving average of $18.40. The stock’s market capitalization is $441.88 million.
In other Golfsmith International Holdings news, insider William C. Burke purchased 50,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The shares were acquired at an average cost of $17.00 per share, for a total transaction 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 acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Walter R. Uihlein purchased 70,000 shares of the firm’s stock in a transaction on Wednesday, November 2nd. The stock was acquired at an average price of $17.00 per share, for a total transaction of $1,190,000.00. Following the completion of the transaction, the chief executive officer now directly owns 702,196 shares of the company’s stock, valued at approximately $11,937,332. The disclosure for this purchase can be found here.
About Golfsmith International Holdings
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