Harley-Davidson Recalling 185,000 Motorcycles

(NYSE:HOG) have a one year price average objective of $63.1 on the equity. The Motorcycles segment consists of HDMC, which designs, manufactures and sells street-legal Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services. Most recently the company reported earnings of $1.27 for the quarter ending on 2015-03-31. During the same quarter in the prior year, the company posted $1.62 earnings per share. If proof is needed, Clutch and Chrome presents the latest video from Harley-Davidson recapping their recent event, Swiss Harley Days which took place between July 3 and 5 in Lugano. The heightened volatility saw the trading volume jump to 4,753,275 shares.

If you own one of the bikes listed above, contact your local Harley-Davidson dealer to make an appointment. Analysts at DA Davidson downgraded shares of Harley-Davidson from an outperform rating to a sector perform rating in a research note on Wednesday, July 8th. RBC Capital lowers the price target from $66 per share to $59 per share on Harley-Davidson, Inc. The shares closed down 0.72 points or 1.29% at $54.96 with 2,344,953 shares getting traded. The shares have received a hold rating based on the suggestion from 9 analysts in recommendations. Harley-Davidson now has an average rating of “Hold” and a consensus price target of $65.82.

The event featured a 10.5-km motorcycle parade on Saturday featuring a total of 3,500 motorcycles, two air shows starring the Swiss Air Force Parachute Company and PC-7 team on Saturday and Sunday. The Company’s products are sold to retail customers through a network of independent dealers. Together with seven concerts, 18 official Harley-Davidson dealers, 65 exhibitors, and countless catering and food stands, they all contributed to the high-spirited and peaceful party atmosphere, which continued late into the night. The Company conducts business on a global basis, with sales in North America, Europe/Middle East/Africa (EMEA), Asia-Pacific and Latin America.

Analyst Rating Update on Harley-Davidson, Inc. | American Trade Journal

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