Polaris Industries (PII) Receives Price Target

Polaris Industries (PII) : The highest short term price target forecast on Polaris Industries (PII) is $150 and the lowest target price is $88. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $102.92 with a standard deviation of $17.42.

Polaris Industries (PII) : Zacks Investment Research ranks Polaris Industries (PII) as 4, which is a Sell recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 11 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 2.59, which indicates as a Hold.


Also, In the latest statement by the brokerage house, Raymond James downgrades its outlook on Polaris Industries (NYSE:PII). The current rating of the shares is Market Perform, according to the research report released by the firm. Previously, the company had a rating of Strong Buy. The rating by the firm was issued on July 12, 2016.

Polaris Industries (NYSE:PII): The stock opened at $86.42 on Thursday but the bulls could not build on the opening and the stock topped out at $87.11 for the day. The stock traded down to $85.21 during the day, due to lack of any buying support eventually closed down at $85.82 with a loss of -0.95% for the day. The stock had closed at $86.64 on the previous day. The total traded volume was 1,000,553 shares.

Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States, Canada and Europe. The Companys ORVs include core ATVs, and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles, consisting of 32 models, ranging from youth models to utility and economy models to performance and competition models. Polaris Motorcycles division consists of Victory, Indian motorcycles and three-wheel roadster motorcycle, Slingshot. The Company offer products in the light-duty hauling, people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.

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