Polaris Inc. – Consensus Indicates Potential -3.3% Downside

Broker Ratings
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Polaris Inc. with ticker code (PII) now have 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 130 and 74 calculating the mean target price we have 112. Given that the stocks previous close was at 115.77 this now indicates there is a potential downside of -3.3%. The day 50 moving average is 108.34 and the 200 moving average now moves to 107.69. The company has a market capitalisation of $6,603m. You can visit the company’s website by visiting: https://www.polaris.com

The potential market cap would be $6,388m based on the market concensus.

Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles worldwide. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. It also provides ORV accessories comprising winches, bumper, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, electric starters, reverse kits, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers gear and apparel, such as helmets, jackets, gloves, pants, hats, goggles, boots, bibs, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and aftermarket parts, garments, and accessories through 101 brick-and-mortar retail centers, call centers, and e-commerce sites. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.

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