ClubCorp Holdings Inc (MYCC) is Initiated by Imperial Capital to In-line, Price Target at $12

ClubCorp Holdings Inc (MYCC) was Initiated by Imperial Capital to “In-line” and the brokerage firm has set the Price Target at $12. Imperial Capital advised their investors in a research report released on May 20, 2016.

Many Wall Street Analysts have commented on ClubCorp Holdings Inc. ClubCorp Holdings Inc was Upgraded by Wells Fargo to ” Outperform” on Feb 26, 2016. Shares were Reiterated by Deutsche Bank on Feb 25, 2016 to “Buy” and Lowered the Price Target to $ 18 from a previous price target of $25 .ClubCorp Holdings Inc was Upgraded by Macquarie to ” Neutral” on Feb 23, 2016.

ClubCorp Holdings Inc closed down -0.41 points or -3.48% at $11.36 with 8,05,217 shares getting traded on Thursday. Post opening the session at $11.73, the shares hit an intraday low of $11.08 and an intraday high of $11.78 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Mar 7, 2016, Janet Grove (director) purchased 1,000 shares at $14.55 per share price. According to the SEC, on Mar 4, 2016, Margaret Mary Spellings (director) purchased 1,300 shares at $14.94 per share price. On Mar 2, 2016, William E Sullivan (director) purchased 5,000 shares at $13.57 per share price, according to the Form-4 filing with the securities and exchange commission.

ClubCorp Holdings Inc. is engaged in membership-based leisure business and an owner and operator of private golf and country clubs and business sports and alumni clubs in North America. The Company operations are organized into two business segments: golf and country clubs and business sports and alumni clubs. Its golf and country club segment includes a variety of clubs designed to appeal to a group of families and individuals who lead an active lifestyle and seek a nearby outlet for golf tennis swimming and other activities. The Company’s business sports and alumni club segment is designed to provide its members with private locations where they can work network and socialize. As of December 30 2014 the Company’s portfolio of 207 owned or operated clubs with over 180000 memberships serving over 400000 individual members.

ClubCorp Holdings Inc

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