Polaris Industries (PII) Receives ‘Analyst’ Rating

Polaris Industries (PII) : The consensus on Polaris Industries (PII) based on 18 analyst recommendation on the company stock is 2.72, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 13 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Polaris Industries (PII) : Average target price received by Polaris Industries (PII) is $89 with an expected standard deviation of $21.57. The most aggressive target on the stock is $150, whereas the most downbeat target is $69. 13 financial analysts are currently covering the stock.


Also, Bernstein initiates coverage on Polaris Industries (NYSE:PII). The shares have now been rated Market Perform by the stock experts at the ratings house. Bernstein announces the current price target of $87 per share on Polaris Industries . The rating by the firm was issued on September 9, 2016.

Polaris Industries (NYSE:PII): The stock opened in the green at $73.23 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $73.802 and a low of $71.5 for the day. The stock did not find buyers even at the lows and closed at $71.79 recording a loss of -2.21%. 2,721,919 shares exchanged hands during the trading day. The stock had closed at $73.41 in the previous days trading.

Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States, Canada and Europe. The Companys ORVs include core ATVs, and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles, consisting of 32 models, ranging from youth models to utility and economy models to performance and competition models. Polaris Motorcycles division consists of Victory, Indian motorcycles and three-wheel roadster motorcycle, Slingshot. The Company offer products in the light-duty hauling, people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.

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