Harley-Davidson (HOG): Price Target and June Short Interest Disclosure

Harley-Davidson (HOG) : Average target price received by Harley-Davidson (HOG) is $50.17 with an expected standard deviation of $4.9. The most aggressive target on the stock is $57, whereas the most downbeat target is $40. 12 financial analysts are currently covering the stock.

Harley-Davidson (HOG), A rise of 542,270 shares or 1.8% was seen in the short interest of Harley Davidson. Even as the interest increased from 29,315,542 shares on June 15,2016 to 29,857,812 shares on June 30,2016, the days to cover came in at 12. The updated interest stood at 16.6% of the stocks floats. The stock has seen an average daily volume of 2,396,684 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Equity Analysts at the Brokerage Firm, Baird, downgrades their rating on the shares of Harley-Davidson (NYSE:HOG). Baird has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on July 6, 2016.


Harley-Davidson (NYSE:HOG): On Thursdays trading session , Opening price of the stock was $48.8 with an intraday high of $49.01. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $47.83. However, the stock managed to close at $48.54, a loss of 0.76% for the day. On the previous day, the stock had closed at $48.91. The total traded volume of the day was 1,982,290 shares.

Harley-Davidson, Inc. is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) segment and the Financial Services segment. The Motorcycles segment consists of HDMC, which designs, manufactures and sells street-legal Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services. The Companys products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS, which provides wholesale and retail financing, and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world, including in North America, Europe, the Middle East and Africa (EMEA); Asia-Pacific, and Latin America.

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