Polaris Inc. – Consensus Indicates Potential -5.6% Downside

Broker Ratings
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Polaris Inc. with ticker code (PII) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 130 and 74 and has a mean target at 112. Now with the previous closing price of 118.69 this would indicate that there is a downside of -5.6%. The 50 day moving average now sits at 110.66 while the 200 day moving average is 108.23. The company has a market cap of $6,774m. Visit the company website at: https://www.polaris.com

The potential market cap would be $6,393m 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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