ClubCorp Holdings (MYCC) Receives Price Target

ClubCorp Holdings (MYCC) : The highest level ClubCorp Holdings (MYCC) is projected to reach is $27 for the short term and the lowest estimate is at $14. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $18.78 and the possibility the share price can swing is $3.73.

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.


Also, Brokerage firm Macquarie upgrades its rating on ClubCorp Holdings (NYSE:MYCC). The shares have been rated Outperform. 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): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.42 and $14.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.42, notching a gain of 0.49% for the day. The total traded volume was 776,525 . The stock had closed at $14.35 on the previous day.

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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