Deutsche Bank AG assumed coverage on shares of Golfsmith International Holdings, Inc. (NASDAQ:GOLF) in a report published on Thursday morning. The firm issued a hold rating and a $20.00 target price on the stock.

A number of other brokerages also recently commented on GOLF. DA Davidson reissued a buy rating and issued a $23.00 price target on shares of Golfsmith International Holdings in a report on Thursday, November 24th. Credit Suisse Group AG started coverage on Golfsmith International Holdings in a report on Wednesday, November 23rd. They issued a neutral rating and a $20.00 price target for the company. Finally, Jefferies Group started coverage on Golfsmith International Holdings in a report on Wednesday, November 23rd. They issued a buy rating and a $25.00 price target for the company. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $22.30.

Analyst Recommendations for Golfsmith International Holdings (NASDAQ:GOLF)

Shares of Golfsmith International Holdings (NASDAQ:GOLF) opened at 19.96 on Thursday. The stock’s market capitalization is $435.55 million. Golfsmith International Holdings has a 1-year low of $16.90 and a 1-year high of $20.50. The company has a 50 day moving average price of $18.57 and a 200-day moving average price of $18.57.

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In related news, Director Gregory A. Hewett purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, November 2nd. The shares were acquired at an average cost of $17.00 per share, for a total transaction of $170,000.00. Following the transaction, the director now owns 10,000 shares of the company’s stock, valued at $170,000. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider William C. Burke purchased 50,000 shares of the company’s stock in a transaction dated Wednesday, November 2nd. The shares were bought at an average price of $17.00 per share, for a total transaction of $850,000.00. Following the completion of the transaction, the insider now directly owns 128,678 shares in the company, valued at approximately $2,187,526. The disclosure for this purchase can be found here.

Golfsmith International Holdings Company Profile

5 Day Chart for NASDAQ:GOLF

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