Harley-Davidson (NYSE:HOG): 12 analysts have set the short term price target of Harley-Davidson (NYSE:HOG) at $50.58. The standard deviation of short term price target has been estimated at $5.68, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 62 and $40 respectively.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Goldman Sachs downgrades its ratings on Harley-Davidson (NYSE:HOG). In the latest research report, Goldman Sachs lowers the target price from $55 per share to $50 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 6, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Kumbier Michelle, officer (SVP, Motor Co. Product & Ops) of Harley Davidson Inc, had unloaded 26,667 shares at an average price of $46.25 in a transaction dated on May 10, 2016. The total value of the transaction was worth $1,233,349.
Harley-Davidson (NYSE:HOG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.61 points or 1.37% at $43.86 with 1,639,948 shares getting traded. Post opening the session at $44.13, the shares hit an intraday low of $43.85 and an intraday high of $44.55 and the price was in this range throughout the day. The company has a market cap of $7,943 million and the number of outstanding shares have been calculated to be 181,090,080 shares. The 52-week high of Harley-Davidson (NYSE:HOG) is $60.67 and the 52-week low is $36.36.
Harley-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) segment and the Financial Services segment. The Motorcycles segment consists of HDMC, which designs, manufactures and sells street-legal Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services. The Companys products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS, which provides wholesale and retail financing, and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world, including in North America, Europe, the Middle East and Africa (EMEA); Asia-Pacific, and Latin America.