A number of other equities research analysts also recently weighed in on the company. Jefferies Group reaffirmed a buy rating on shares of Acushnet in a research report on Wednesday, March 7th. ValuEngine raised Acushnet from a hold rating to a buy rating in a research report on Thursday, February 8th. KeyCorp raised their price objective on Acushnet from $22.00 to $24.00 and gave the company an overweight rating in a research report on Thursday, January 25th. Finally, SunTrust Banks reaffirmed a buy rating and set a $24.00 price objective on shares of Acushnet in a research report on Friday, January 26th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $22.75.
Shares of Acushnet (NYSE:GOLF) opened at $23.01 on Thursday. Acushnet has a 12-month low of $15.16 and a 12-month high of $23.36. The firm has a market capitalization of $1,713.76, a PE ratio of 18.71, a P/E/G ratio of 2.74 and a beta of 0.70. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.21 and a current ratio of 2.24.
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Acushnet Holdings Corp. is engaged in the design, development, manufacture and distribution of golf products. The Company is engaged in various product categories, such as golf clubs, wedges, putters, golf gloves, golf gear and golf wear. The Company operates in four segments: Titleist Golf Balls, Titleist Golf Clubs, Titleist Golf Gear and FootJoy Golf Wear.
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