Performance Sports Group Ltd. (NYSE:PSG) shares traded up 2.4% during trading on Friday . The stock traded as high as $3.48 and last traded at $3.44, with a volume of 157,284 shares traded. The stock had previously closed at $3.36.

Several research analysts have recently commented on the company. Sterne Agee CRT restated a “buy” rating on shares of Performance Sports Group in a research report on Sunday, April 17th. Zacks Investment Research lowered Performance Sports Group from a “hold” rating to a “sell” rating in a research report on Saturday, April 16th. Royal Bank Of Canada restated a “sector perform” rating and set a $3.00 price target (down from $3.50) on shares of Performance Sports Group in a research report on Friday, April 15th. Wunderlich lowered their price target on Performance Sports Group from $6.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, June 9th. Finally, Bank of America Corp. restated a “sell” rating on shares of Performance Sports Group in a research report on Thursday, June 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. Performance Sports Group currently has a consensus rating of “Hold” and a consensus target price of $7.77.

The firm’s market cap is $158.57 million. The firm’s 50 day moving average price is $3.14 and its 200-day moving average price is $4.20.

Several institutional investors recently modified their holdings of PSG. BlackRock Advisors LLC raised its position in shares of Performance Sports Group by 37.1% in the fourth quarter. BlackRock Advisors LLC now owns 1,023,255 shares of the company’s stock valued at $9,853,000 after buying an additional 277,132 shares during the last quarter. Foresters Investment Management Company Inc. raised its position in shares of Performance Sports Group by 20.1% in the fourth quarter. Foresters Investment Management Company Inc. now owns 221,000 shares of the company’s stock valued at $2,128,000 after buying an additional 37,000 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its position in shares of Performance Sports Group by 0.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 262,070 shares of the company’s stock valued at $2,524,000 after buying an additional 1,567 shares during the last quarter.

Performance Sports Group Ltd. is engaged in the design, manufacture and distribution of performance sports equipment for ice hockey, roller hockey, baseball and softball, lacrosse, as well as related apparel and accessories, including soccer apparel. The Company’s segments include Hockey, Baseball/Softball and Other Sports.

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