TipRanksStock Market NewsPII NewsRaymond James Remains a Buy on Polaris (PII)

Raymond James Remains a Buy on Polaris (PII)

Raymond James analyst Joseph Altobello maintained a Buy rating on Polaris (PIIResearch Report) today and set a price target of $137.00. The company’s shares closed last Tuesday at $110.13.

According to TipRanks.com, Altobello is a 5-star analyst with an average return of 12.1% and a 55.1% success rate. Altobello covers the Consumer Goods sector, focusing on stocks such as Camping World Holdings, OneWater Marine, and Callaway Golf.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Polaris with a $121.86 average price target, implying a 6.8% upside from current levels. In a report issued on July 25, BMO Capital also maintained a Buy rating on the stock with a $138.00 price target.

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The company has a one-year high of $139.79 and a one-year low of $94.24. Currently, Polaris has an average volume of 677.6K.

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Polaris Inc. engages in designing, engineering, and manufacturing powersports vehicles. The company was founded by Allen Hetteen, Edgar E. Hetteen, and David Johnson in 1954 and is headquartered in Medina, MN.

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