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Jefferies Remains a Buy on Gentex (GNTX)

In a report released today, David Kelley from Jefferies maintained a Buy rating on Gentex (GNTXResearch Report), with a price target of $33.00. The company’s shares opened today at $25.00.

Kelley covers the Industrial Goods sector, focusing on stocks such as Gentex, Visteon, and BorgWarner. According to TipRanks, Kelley has an average return of 0.1% and a 38.89% success rate on recommended stocks.

Gentex has an analyst consensus of Moderate Buy, with a price target consensus of $32.20.

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The company has a one-year high of $37.45 and a one-year low of $24.20. Currently, Gentex has an average volume of 1.07M.

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Gentex Corp. engages in the design, development, and manufacture and supply of digital vision, connected car, dimmable glass, and fire protection products, Its revenue is derived from the production and sales of automotive products in the United States, Germany, and Japan. Its products include automatic-dimming rearview mirrors, dimmable aircraft windows, and commercial smoke alarms and signaling devices. The company was founded by Fred Bauer in 1974 and is headquartered in Zeeland, MI.

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