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Topgolf Callaway Brands Corp has a consensus price target of $16.23 based on the ratings of 16 analysts. The high is $38 issued by Tigress Financial on April 12, 2024. The low is $10 issued by TD Cowen on September 17, 2024. The 3 most-recent analyst ratings were released by Roth MKM, Goldman Sachs, and Truist Securities on November 14, 2024, November 14, 2024, and November 13, 2024, respectively. With an average price target of $14 between Roth MKM, Goldman Sachs, and Truist Securities, there's an implied 88.17% upside for Topgolf Callaway Brands Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Topgolf Callaway Brands (NYSE:MODG) was reported by Roth MKM on November 14, 2024. The analyst firm set a price target for $16.00 expecting MODG to rise to within 12 months (a possible 115.05% upside). 24 analyst firms have reported ratings in the last year.
The latest analyst rating for Topgolf Callaway Brands (NYSE:MODG) was provided by Roth MKM, and Topgolf Callaway Brands reiterated their buy rating.
There is no last upgrade for Topgolf Callaway Brands
The last downgrade for Topgolf Callaway Brands Corp happened on October 17, 2024 when B. Riley Securities changed their price target from $18 to $12 for Topgolf Callaway Brands Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Topgolf Callaway Brands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Topgolf Callaway Brands was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Topgolf Callaway Brands (MODG) rating was a reiterated with a price target of $17.00 to $16.00. The current price Topgolf Callaway Brands (MODG) is trading at is $7.44, which is out of the analyst’s predicted range.
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