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Marinemax (HZO) Receives a Buy from Raymond James

Raymond James analyst Joseph Altobello maintained a Buy rating on Marinemax (HZOResearch Report) today and set a price target of $70.00. The company’s shares closed last Friday at $45.93.

According to TipRanks.com, Altobello is a 5-star analyst with an average return of 14.4% and a 57.7% success rate. Altobello covers the Consumer Goods sector, focusing on stocks such as MasterCraft Boat Holdings, Camping World Holdings, and Callaway Golf.

Currently, the analyst consensus on Marinemax is a Strong Buy with an average price target of $69.33, a 47.2% upside from current levels. In a report issued on January 24, B.Riley Financial also maintained a Buy rating on the stock with a $75.00 price target.

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Marinemax’s market cap is currently $973.4M and has a P/E ratio of 6.55.

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MarineMax, Inc. engages in the provision of boating-related activities. The firm sells used and new sport boats, sport cruisers, sport yachts and fishing boats through retail stores. It also provides maintenance, repair, slip and storage services. The company was founded in January 1998 and is headquartered in Clearwater, FL.

Read More on HZO:

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