UBS Starts Coverage of Polaris Industries at “Buy” (PII)
UBS analysts initiated coverage of Polaris Industries Inc. (PII) with a bullish rating, saying that the visibility of special service vehicle (SSV) growth will continue to drive the all-terrain vehicle maker’s stock.
The analysts rate PII as “Buy” and see shares reaching $106. This price target suggests an 11% upside to the stock’s Monday closing price of $95.70.
Polaris Industries shares were inactive during pre-market trading on Tuesday. The stock is up 13.73% year-to-date.
The Bottom Line
Shares of Polaris Industries (PII) have a dividend yield of 1.76% based on last night’s closing price of $95.70 and the company’s annualized dividend payout of $1.68 per share.
Polaris Industries Inc. (PII) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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