Imperial Capital Has Continued Positive Outlook On Performance Sports Group Ltd.

In a report published Thursday, Imperial Capital analyst John O'Neil reiterated an Outperform rating and $21.00 price target on

. In the report, Imperial Capital noted, “We are maintaining our Outperform rating and our one-year price target of $21 on PSG shares, about 30% above the recent share price. PSG's proven ability to grow its categories and gain market share is one of the pillars of our investment thesis, and the company's ‘Momentum' event, provided numerous examples of how it intends to accelerate growth into FY15 and beyond.” Performance Sports Group Ltd. closed on Wednesday at $16.12.