Acushnet Holdings Corp (NYSE:GOLF) has earned a consensus recommendation of “Buy” from the thirteen ratings firms that are covering the firm. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $21.83.

A number of equities research analysts recently commented on the stock. DA Davidson assumed coverage on shares of Acushnet Holdings Corp in a research note on Tuesday. They issued a “buy” rating and a $23.00 price objective on the stock. Morgan Stanley initiated coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued an “overweight” rating on the stock. JPMorgan Chase & Co. initiated coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a “neutral” rating and a $21.00 target price on the stock. Nomura initiated coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued a “buy” rating and a $22.00 target price on the stock. Finally, KeyCorp initiated coverage on shares of Acushnet Holdings Corp in a report on Tuesday. They issued an “overweight” rating and a $23.00 target price on the stock.

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Shares of Acushnet Holdings Corp (NYSE:GOLF) opened at 20.24 on Wednesday. The firm’s market capitalization is $441.66 million. The firm’s 50 day moving average is $18.49 and its 200-day moving average is $18.49. Acushnet Holdings Corp has a 12 month low of $16.90 and a 12 month high of $20.50.

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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