Published On: Wed, Oct 19th, 2016

Broker Changes For Malibu Boats Inc (MBUU)


Recently stock market analysts have updated their consensus ratings on shares of Malibu Boats Inc (MBUU).

Most recent broker ratings

05/10/2016 – Malibu Boats Inc was downgraded to “market perform” by analysts at BMO Capital Markets.

05/04/2016 – Malibu Boats Inc had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 23 price target on the stock.

02/25/2016 – B. Riley began new coverage on Malibu Boats Inc giving the company a “buy” rating. They now have a USD 22 price target on the stock.

08/11/2015 – KeyBanc began new coverage on Malibu Boats Inc giving the company a “overweight” rating. They now have a USD 24 price target on the stock.

03/18/2015 – Malibu Boats Inc was upgraded to “outperform” by analysts at Zacks. They now have a USD 24.5 price target on the stock.

02/25/2014 – Raymond James began new coverage on Malibu Boats Inc giving the company a “strong-buy” rating. They now have a USD 21 price target on the stock.

02/25/2014 – SunTrust began new coverage on Malibu Boats Inc giving the company a “buy” rating. They now have a USD 23 price target on the stock.

02/25/2014 – Wells Fargo began new coverage on Malibu Boats Inc giving the company a “outperform” rating.

Malibu Boats Inc has a 50 day moving average of 14.56 and a 200 day moving average of 14.15. The stock’s market capitalization is 253.05M, it has a 52-week low of 11.38 and a 52-week high of 18.08.

The share price of the company (MBUU) was down -1.11% during the last trading session, with a high of 14.46 and the volume of Malibu Boats Inc shares traded was 65724.

Malibu Boats, Inc. is a designer, manufacturer and marketer of performance sport boats. The Company’s segments include the U.S. and Australia. Each segment is engaged in the manufacturing, distribution, marketing and sale of performance sport boats. Its U.S. segment serves markets in North America, South America, Europe and Asia. Its Australia segment serves the Australian and New Zealand markets. The Company’s boats are used for water sports, including water skiing, wakeboarding and wake surfing, as well as general recreational boating. The Company sells its boats under Malibu and Axis Wake Research (Axis) brand names. The Company’s boats are constructed of fiberglass, equipped with inboard propulsion systems and available in a range of sizes and hull designs. The Company also offers various accessories and aftermarket parts. The Company’s boat models include Malibu M Series, Malibu Wakesetter, Malibu Response and Axis.