Harley-Davidson Given a $63.00 Price Target at Wunderlich (HOG)


Wunderlich set a $63.00 target price on Harley-Davidson (NYSE:HOG) in a report issued on Monday. The firm currently has a a hold rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Stifel Nicolaus initiated coverage on shares of Harley-Davidson in a research note on Wednesday, March 25th. They set a buy rating and a $75.00 price target on the stock. They noted that the move was a valuation call. Analysts at Deutsche Bank lowered their price target on shares of Harley-Davidson from $60.00 to $58.00 and set a hold rating on the stock in a research note on Friday, March 13th. Analysts at Zacks reiterated a neutral rating and set a $67.00 price target on shares of Harley-Davidson in a research note on Wednesday, March 4th. Finally, analysts at S&P Equity Research reiterated a hold rating on shares of Harley-Davidson in a research note on Tuesday, February 3rd. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Harley-Davidson has an average rating of Buy and a consensus target price of $72.57.
Shares of Harley-Davidson (NYSE:HOG) traded up 2.17% during mid-day trading on Monday, hitting $60.75. 1,887,281 shares of the company's stock traded hands. Harley-Davidson has a 52-week low of $54.22 and a 52-week high of $74.13. The stock has a 50-day moving average of $62. and a 200-day moving average of $63.. The company has a market cap of $12.82 billion and a price-to-earnings ratio of 15.66.
Harley-Davidson (NYSE:HOG) last released its earnings data on Thursday, January 29th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company's revenue for the quarter was down .1% on a year-over-year basis. Analysts expect that Harley-Davidson will post $4.23 EPS for the current fiscal year.
Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (NYSE:HOG) and Harley-Davidson Financial Services (HDFS). The Company operates in the Motorcycles and Related Products (Motorcycles) segment and the Financial Services (Financial Services) segment.

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