Golfsmith International Holdings, Inc. (GOLF) Rating Reiterated by DA Davidson
Golfsmith International Holdings, Inc. (NASDAQ:GOLF)‘s stock had its “buy” rating restated by equities researchers at DA Davidson in a note issued to investors on Thursday. They currently have a $23.00 target price on the stock. DA Davidson’s price objective would indicate a potential upside of 13.64% from the company’s current price.
A number of other brokerages also recently commented on GOLF. Credit Suisse Group AG began coverage on shares of Golfsmith International Holdings in a report on Wednesday, November 23rd. They set a “neutral” rating and a $20.00 price target for the company. Jefferies Group initiated coverage on shares of Golfsmith International Holdings in a research report on Wednesday, November 23rd. They issued a “buy” rating and a $25.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $22.30.
Shares of Golfsmith International Holdings (NASDAQ:GOLF) opened at 20.24 on Thursday. The stock’s market capitalization is $441.66 million. The firm has a 50 day moving average of $18.49 and a 200-day moving average of $18.49. Golfsmith International Holdings has a 12 month low of $16.90 and a 12 month high of $20.50.
In other Golfsmith International Holdings news, major shareholder Wb Atlas Llc sold 4,029,099 shares of Golfsmith International Holdings stock in a transaction that occurred on Wednesday, November 2nd. The shares were sold at an average price of $17.00, for a total transaction of $68,494,683.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider William C. Burke purchased 50,000 shares of Golfsmith International Holdings 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 disclosure for this purchase can be found here.
Golfsmith International Holdings Company Profile
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