Citigroup Maintains Neutral Rating for MarineMax: Here's What You Need To Know

Citigroup has decided to maintain its Neutral rating of MarineMax HZO and raise its price target from $42.00 to $43.00.

Shares of MarineMax are trading down 2.83% over the last 24 hours, at $41.49 per share.

A move to $43.00 would account for a 3.64% increase from the current share price.

About MarineMax

MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The sale of new and used boats account for the majority of the company's total revenue. It serves customers across the U.S.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.