ClubCorp Holdings (MYCC) Receives Analyst Rating

ClubCorp Holdings (MYCC) : The consensus on ClubCorp Holdings (MYCC) based on 10 analyst recommendation on the company stock is 1.2, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 9 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

ClubCorp Holdings (MYCC) : The highest short term price target forecast on ClubCorp Holdings (MYCC) is $27 and the lowest target price is $14. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $18.78 with a standard deviation of $3.73.


Also, Equity Analysts at the Brokerage Firm, Macquarie, upgrades their rating on the shares of ClubCorp Holdings (NYSE:MYCC). Macquarie has a Outperform rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on July 12, 2016.

ClubCorp Holdings (NYSE:MYCC): After opening at $14.66, the stock dipped to an intraday low of $14.66 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.8 and the buying power remained strong till the end. The stock closed at $15.47 for the day, a gain of 6.54% for the day session. The total traded volume was 910,007. The stocks close on the previous trading day was $14.52.

ClubCorp Holdings, Inc. is engaged in membership-based leisure business and an owner and operator of private golf and country clubs and business, sports and alumni clubs in North America. The Company operations are organized into two business segments: golf and country clubs, and business, sports and alumni clubs. Its golf and country club segment includes a variety of clubs designed to appeal to a group of families and individuals who lead an active lifestyle and seek a nearby outlet for golf, tennis, swimming and other activities. The Companys business, sports and alumni club segment is designed to provide its members with private locations where they can work, network and socialize. As of December 30, 2014, the Companys portfolio of 207 owned or operated clubs, with over 180,000 memberships, serving over 400,000 individual members.

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