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Longbow Research Improves Harley-Davidson (NYSE:HOG) Rating to Neutral from Underperform

NewYork Harley-Davidson NYSE:HOG

Harley-Davidson (NYSE:HOG) Upgrade

In an analyst note revealed to clients and investors today, Longbow Research increased shares of Harley-Davidson (NYSE:HOG) to Neutral rating from Underperform rating.

In spite of the stock rating upgrade NYSE:HOG is right now trading 0.00% lower at $60.10 as of 2:01 AM New York time. Harley-Davidson shares have [From2] 0% over the last 200 days, while the S&P500 has added 13.17% for the same time period.

According to data compiled by Thomson Reuters, Harley-Davidson (NYSE:HOG)’s stock is covered by 12 equity analysts across the Street, with 1 analysts giving it a Sell rating, 7 a Buy rating, while 13 consider it a Hold. The 12-month consensus target price for the stock is $51, which reflects an downside potential of 15.14% over the current price.

Institutional Ownership

Harley-Davidson (NYSE:HOG) Profile

Harley Davidson IncHarley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.

Harley-Davidson (NYSE:HOG) closed at $60.1 yesterday. A total of shares of the company’s stock traded hands. This is down from average of 2.18M shares. Harley-Davidson has a 52 week low of $41.63 and a 52 week high of $62.35. The company has a market cap of $10.53B and a P/E ratio of 15.78.

Get the latest Harley-Davidson (NYSE:HOG) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Longbow Research Improves Harley-Davidson (NYSE:HOG) Rating to Neutral from Underperform appeared first on Octafinance.

This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Longbow Research Improves Harley-Davidson (NYSE:HOG) Rating to Neutral from Underperform


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