BMO Capital Sticks to Their Buy Rating for Harley-Davidson (HOG)

BMO Capital analyst Gerrick Johnson maintained a Buy rating on Harley-Davidson (HOGResearch Report) today and set a price target of $57.00. The company’s shares closed last Wednesday at $33.19.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.6% and a 44.2% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Camping World Holdings, Winnebago Industries, and Thor Industries.

Harley-Davidson has an analyst consensus of Moderate Buy, with a price target consensus of $46.71, which is a 40.0% upside from current levels. In a report issued on July 20, Bank of America Securities also maintained a Buy rating on the stock with a $60.00 price target.

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Harley-Davidson’s market cap is currently $4.88B and has a P/E ratio of 8.35.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HOG in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Harley-Davidson, Inc. is engaged in the manufacture and sale of custom, cruiser and touring motorcycles. It operates through the following segments: Motorcycles & Related Products; and Financial Services. The Motorcycles & Related Products segment manufactures, designs, and sells at wholesale on-road Harley-Davidson motorcycles as well as motorcycle parts, accessories, general merchandise, and related services. The Financial Services segment comprises of financing and servicing wholesale inventory receivables and retail consumer loans, primarily for the purchase of Harley-Davidson motorcycles. The company was founded by William Sylvester Harley, Arthur Davidson, Walter C. Davidson, Sr. and William A. Davidson in 1903 and is headquartered in Milwaukee, WI.

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