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Citi Sticks to Their Hold Rating for Harley-Davidson (HOG)

Tipranks - Tipranks - Wed Apr 8, 6:58AM CDT

Citi analyst James Hardiman maintained a Hold rating on Harley-Davidson today and set a price target of $23.00.

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Hardiman covers the Consumer Cyclical sector, focusing on stocks such as Norwegian Cruise Line, Brunswick, and Harley-Davidson. According to TipRanks, Hardiman has an average return of 3.9% and a 43.13% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Harley-Davidson with a $20.00 average price target.

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Based on Harley-Davidson’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $496.16 million and a GAAP net loss of $279.3 million. In comparison, last year the company earned a revenue of $687.61 million and had a GAAP net loss of $116.89 million

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock. Last month, Do Charles, the Sr. VP, HDFSI of HOG sold 4,241.00 shares for a total of $76,719.69.

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