Synalloy (SYNL) Forms $14.56 Double Top; Callaway Golf Company (ELY) Had 12 Analysts Last Week

April 6, 2018 - By Shannon Black

Callaway Golf Company (NYSE:ELY) Logo

Among 16 analysts covering Callaway Golf (NYSE:ELY), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Callaway Golf had 43 analyst reports since August 23, 2015 according to SRatingsIntel. FBR Capital maintained Callaway Golf Company (NYSE:ELY) on Thursday, February 8 with “Buy” rating. On Monday, May 23 the stock rating was upgraded by Wunderlich to “Buy”. The firm has “Buy” rating by Jefferies given on Tuesday, June 6. The rating was maintained by Jefferies on Thursday, February 8 with “Buy”. The firm has “Outperform” rating by FBR Capital given on Wednesday, June 21. DA Davidson maintained the stock with “Buy” rating in Wednesday, December 27 report. The firm earned “Outperform” rating on Tuesday, May 23 by Imperial Capital. The rating was upgraded by SunTrust to “Buy” on Friday, May 13. J.P. Morgan initiated Callaway Golf Company (NYSE:ELY) on Thursday, December 14 with “Buy” rating. The stock has “Hold” rating by Compass Point on Wednesday, February 7. See Callaway Golf Company (NYSE:ELY) latest ratings:

08/02/2018 Broker: Jefferies Rating: Buy New Target: $21.0 Maintain
08/02/2018 Broker: FBR Capital Rating: Buy New Target: $18.0 Maintain
07/02/2018 Broker: Compass Point Rating: Hold New Target: $13.5 Upgrade
06/02/2018 Broker: Cowen & Co Rating: Hold New Target: $16.0 Maintain
05/02/2018 Broker: Roth Capital Rating: Buy New Target: $17.0 Maintain
24/01/2018 Broker: FBR Capital Rating: Buy New Target: $18.0 Maintain
24/01/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $17.0 Maintain
27/12/2017 Broker: Raymond James Rating: Hold
27/12/2017 Broker: DA Davidson Rating: Buy New Target: $18.0 Maintain
27/12/2017 Broker: Compass Point Old Rating: Neutral New Rating: Sell Downgrade

Synalloy Corporation (SYNL) formed double top with $15.14 target or 4.00% above today’s $14.56 share price. Synalloy Corporation (SYNL) has $127.49 million valuation. The stock increased 6.65% or $0.9074 during the last trading session, reaching $14.5574. About 7,359 shares traded. Synalloy Corporation (NASDAQ:SYNL) has risen 19.43% since April 6, 2017 and is uptrending. It has outperformed by 7.88% the S&P500.

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.18, from 1 in 2017Q3. It increased, as 5 investors sold Synalloy Corporation shares while 6 reduced holdings. 5 funds opened positions while 8 raised stakes. 4.11 million shares or 3.42% more from 3.97 million shares in 2017Q3 were reported. Tci Wealth Inc holds 0% or 685 shares in its portfolio. Texas-based Van Den Berg I has invested 0.75% in Synalloy Corporation (NASDAQ:SYNL). Northern Corp reported 0% in Synalloy Corporation (NASDAQ:SYNL). Morgan Stanley owns 0% invested in Synalloy Corporation (NASDAQ:SYNL) for 4,900 shares. Comml Bank Of Ny Mellon Corporation, New York-based fund reported 21,325 shares. Salem Counselors holds 0% or 5 shares. Morgan Dempsey Capital Mgmt Lc reported 0.2% in Synalloy Corporation (NASDAQ:SYNL). Blackrock has 0% invested in Synalloy Corporation (NASDAQ:SYNL) for 137,204 shares. Deprince Race Zollo Incorporated accumulated 494,133 shares. Wells Fargo & Mn holds 8,598 shares or 0% of its portfolio. Minerva Advsr holds 0.6% or 84,755 shares in its portfolio. Acadian Asset Ltd Liability reported 2,190 shares or 0% of all its holdings. California Employees Retirement Sys invested 0% in Synalloy Corporation (NASDAQ:SYNL). Deutsche Bankshares Ag invested 0% in Synalloy Corporation (NASDAQ:SYNL). Farr Miller Washington Limited Dc reported 99,568 shares stake.

The stock increased 1.67% or $0.28 during the last trading session, reaching $17. About 723,330 shares traded. Callaway Golf Company (NYSE:ELY) has risen 47.83% since April 6, 2017 and is uptrending. It has outperformed by 36.28% the S&P500.

Investors sentiment increased to 1.36 in 2017 Q4. Its up 0.17, from 1.19 in 2017Q3. It is positive, as 19 investors sold Callaway Golf Company shares while 62 reduced holdings. 34 funds opened positions while 76 raised stakes. 80.37 million shares or 2.05% less from 82.05 million shares in 2017Q3 were reported. Bank Of The West accumulated 10,555 shares. Putnam Investments Ltd holds 47,745 shares. Legal & General Public Lc holds 0% of its portfolio in Callaway Golf Company (NYSE:ELY) for 192,013 shares. Sg Americas Ltd Liability Corporation holds 0.01% or 53,246 shares in its portfolio. Dupont Capital reported 22,363 shares. Thompson Davis Com Incorporated, a Virginia-based fund reported 1,000 shares. Vanguard Group Inc has invested 0% in Callaway Golf Company (NYSE:ELY). State Street Corp holds 2.32 million shares or 0% of its portfolio. The New York-based Neuberger Berman Grp Inc Limited Liability Corporation has invested 0% in Callaway Golf Company (NYSE:ELY). Cap Fund Mgmt reported 19,100 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 4,310 shares in its portfolio. Schwab Charles Inv Mngmt Inc holds 0.01% or 557,490 shares in its portfolio. 830,189 were accumulated by Geode Cap Mgmt Ltd Company. Systematic Fincl L P invested in 34,100 shares or 0.01% of the stock. Stone Ridge Asset Mngmt Ltd Llc owns 0.04% invested in Callaway Golf Company (NYSE:ELY) for 46,033 shares.

Callaway Golf Company (NYSE:ELY) Institutional Positions Chart