Breaking: SunTrust Robinson Reiterates $22.0 Price Objective On MCBC Holdings (NASDAQ:MCFT) Shares, Reiterates Their Original Hold Rating

February 18, 2018 - By Dolores Ford

 Breaking: SunTrust Robinson Reiterates $22.0 Price Objective On MCBC Holdings (NASDAQ:MCFT) Shares, Reiterates Their Original Hold Rating

MCBC Holdings (NASDAQ:MCFT) Rating Reaffirmed

Analysts at SunTrust Robinson now has a $22.0 target on MCBC Holdings (NASDAQ:MCFT). SunTrust Robinson and their recent target would suggest a potential downside of -12.56 % from the company’s stock close price. The rating has been disclosed to clients in a research report on Thursday morning.

MCBC Holdings, Inc. (NASDAQ:MCFT) Ratings Coverage

Among 8 analysts covering MCBC Holdings (NASDAQ:MCFT), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. MCBC Holdings has $29.25 highest and $18 lowest target. $23.93’s average target is -4.89% below currents $25.16 stock price. MCBC Holdings had 23 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by KeyBanc Capital Markets with “Overweight” on Tuesday, August 11. The rating was initiated by B. Riley & Co with “Buy” on Thursday, February 25. The firm has “Buy” rating given on Friday, February 9 by FBR Capital. FBR Capital maintained the shares of MCFT in report on Monday, December 18 with “Buy” rating. B. Riley & Co maintained the stock with “Buy” rating in Friday, February 9 report. The rating was maintained by Robert W. Baird with “Buy” on Monday, October 2. The firm has “Buy” rating by FBR Capital given on Monday, January 29. The company was maintained on Thursday, February 8 by SunTrust. As per Thursday, August 31, the company rating was maintained by KeyBanc Capital Markets. The company was maintained on Tuesday, October 3 by B. Riley & Co.

The stock increased 1.08% or $0.27 during the last trading session, reaching $25.16. About 163,580 shares traded. MCBC Holdings, Inc. (NASDAQ:MCFT) has risen 116.60% since February 18, 2017 and is uptrending. It has outperformed by 99.90% the S&P500.

MCBC Holdings, Inc., through its subsidiaries, innovates, designs, makes, and markets recreational sport boats in North America and internationally. The company has market cap of $469.97 million. The firm offers recreational performance sport boats, which are primarily used for water skiing, wakeboarding, and wake surfing, as well as general recreational boating. It has a 19.83 P/E ratio. It distributes its recreational performance sport boats under the MasterCraft brand name.

More recent MCBC Holdings, Inc. (NASDAQ:MCFT) news were published by: Globenewswire.com which released: “MCBC Holdings, Inc. Reports Fiscal 2018 Second-Quarter and Year-To-Date Results” on February 08, 2018. Also Globenewswire.com published the news titled: “MCBC Holdings, Inc. Appoints W. Patrick Battle to Board of Directors” on May 08, 2017. Globenewswire.com‘s news article titled: “MCBC Holdings, Inc. Reports Fiscal 2018 First-Quarter Results” with publication date: November 09, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.