Harley-Davidson Receives a Buy from BMO Capital

By Austin Angelo

In a report released today, Gerrick Johnson from BMO Capital reiterated a Buy rating on Harley-Davidson (NYSE: HOG), with a price target of $70. The company’s shares opened today at $57.04.

According to TipRanks.com, Johnson is a 4-star analyst with an average return of 8.2% and a 58.5% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Winnebago Industries, and Thor Industries.

Harley-Davidson has an analyst consensus of Hold, with a price target consensus of $61.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2017, Paul J. Jones, the VP & Chief Legal Officer of HOG sold 3,394 shares for a total of $195,121.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Harley-Davidson, Inc. manufactures and sells heavyweight motorcycles as well as a line of motorcycle parts, accessories, general merchandise and related services. It also provides wholesale and retail financing and insurance programs primarily to Harley-Davidson dealers and customers. The company operates through the following segments: Motorcycles & Related Products and Financial Services. The Motorcycles & Related Products segment designs, manufactures and sells Harley-Davidson motorcycles as well as a line of motorcycle parts, accessories, general merchandise and related services. The Financial Services segment consists of Harley-Davidson Financial Services, which provides wholesale and retail financing and also offers insurance and insurance-related programs primarily to Harley-Davidson dealers and their retail customers. Harley-Davidson was founded by William Sylvester Harley, Arthur Davidson, Walter C. Davidson, Sr. and William A. Davidson in 1903 and is headquartered in Milwaukee, WI.