B.Riley Financial analyst Eric Wold reiterated a Buy rating on MasterCraft Boat Holdings (MCFT – Research Report) today and set a price target of $45.00. The company’s shares closed last Friday at $25.03.
According to TipRanks.com, Wold is a 5-star analyst with an average return of 25.2% and a 56.5% success rate. Wold covers the Services sector, focusing on stocks such as Chicken Soup For The Soul Entertainment, National Cinemedia, and AMC Entertainment.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MasterCraft Boat Holdings with a $42.50 average price target, a 69.3% upside from current levels. In a report issued on September 2, Robert W. Baird also assigned a Buy rating to the stock with a $40.00 price target.
MasterCraft Boat Holdings’ market cap is currently $485.1M and has a P/E ratio of 8.60. The company has a Price to Book ratio of 26.69.
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Mastercraft Boat Holdings, Inc. engages in the design, manufacture, and sale of boats. It operates through the MasterCraft, NauticStar, Crest segment. The MasterCraft segment offers recreational performance boats used for water skiing, wakeboarding, and wake surfing activities. The NauticStar segment includes recreational boats primarily used for salt water fishing, and general recreational boating. The Crest segment produces pontoon boats and are primarily used for general recreational boating. The company was founded in 1968 and is headquartered in Vonore, TN.