Somewhat Favorable News Coverage Somewhat Unlikely to Affect Acushnet Holdings Corp. (NYSE:GOLF) Stock Price

Media coverage about Acushnet Holdings Corp. (NYSE:GOLF) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Acushnet Holdings Corp. earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.9872343716119 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have effected Accern’s analysis:

Acushnet Holdings Corp. (NYSE:GOLF) opened at 15.59 on Friday. The stock has a market capitalization of $1.16 billion and a P/E ratio of 18.43. Acushnet Holdings Corp. has a 12 month low of $15.39 and a 12 month high of $22.31. The firm’s 50-day moving average is $18.99 and its 200 day moving average is $18.46.

Separately, Roth Capital downgraded shares of Acushnet Holdings Corp. from a “buy” rating to a “neutral” rating and set a $20.00 target price on the stock. in a research report on Monday, August 7th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $21.65.

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About Acushnet Holdings Corp.

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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