Summary:
- India's potential removal of tariffs on large motorcycles could significantly benefit Harley-Davidson (HOG, Financial).
- Analysts predict a notable upside for Harley-Davidson with price targets reaching as high as $35.00.
- Harley-Davidson is currently rated as "Outperform" by leading brokerage firms, indicating positive prospects.
India is considering eliminating tariffs on imported motorcycles with engines over 750cc, a strategic decision likely to favor Harley-Davidson (HOG). These developments are part of broader trade negotiations with the United States, which also include potential reciprocal tariff reductions on automotive parts.
Wall Street's Price Target Projections
According to projections from 8 Wall Street analysts, the average one-year price target for Harley-Davidson Inc (HOG, Financial) is $29.63. Price targets vary, with a high estimate of $35.00 and a low of $23.00. This average target suggests a potential upside of 30.33% from the current trading price of $22.73. For further detailed projections, visit the Harley-Davidson Inc (HOG) Forecast page.
Brokerage Ratings and Recommendations
Harley-Davidson Inc's (HOG, Financial) current brokerage firm consensus assigns it an average rating of 2.5, classifying it as "Outperform." This rating is part of a 1 to 5 scale, where 1 indicates a "Strong Buy" and 5 suggests a "Sell." This positive rating reflects optimism in Harley-Davidson's market performance.
GuruFocus Valuation Insights
Based on GuruFocus assessments, the projected GF Value for Harley-Davidson Inc (HOG, Financial) in the coming year is $28.92. This implies a 27.23% potential upside from its current price of $22.73. The GF Value is GuruFocus's intrinsic value estimate, derived from historical trading multiples, past business growth, and forecasts of the company's future performance. For a comprehensive analysis, explore the Harley-Davidson Inc (HOG) Summary page.
