Roth Capital Lowers Acushnet Holdings Corp. (GOLF) to Neutral

Roth Capital lowered shares of Acushnet Holdings Corp. (NYSE:GOLF) from a buy rating to a neutral rating in a research report report published on Monday morning. They currently have $20.00 price target on the stock.

Acushnet Holdings Corp. (NYSE GOLF) opened at 17.04 on Monday. The stock’s 50 day moving average price is $19.10 and its 200 day moving average price is $18.49. The firm has a market capitalization of $1.27 billion and a price-to-earnings ratio of 20.14. Acushnet Holdings Corp. has a 52-week low of $16.72 and a 52-week high of $22.31.

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Acushnet Holdings Corp. Company Profile

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.