KeyBanc has revised its price target for Acushnet Holdings (GOLF, Financial), reducing it from $77 to $70. Despite this adjustment, the firm continues to maintain an Overweight rating on the company's stock.
This decision comes as KeyBanc adopts a generally cautious outlook on the market in anticipation of the company's first-quarter earnings report. Concerns stem from recent tariff policy changes, which the firm believes may be dampening demand, especially for high-priced discretionary goods.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Acushnet Holdings Corp (GOLF, Financial) is $70.17 with a high estimate of $80.00 and a low estimate of $64.00. The average target implies an upside of 18.34% from the current price of $59.29. More detailed estimate data can be found on the Acushnet Holdings Corp (GOLF) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Acushnet Holdings Corp's (GOLF, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Acushnet Holdings Corp (GOLF, Financial) in one year is $67.29, suggesting a upside of 13.49% from the current price of $59.29. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Acushnet Holdings Corp (GOLF) Summary page.
