In a report released today, Matt Summerville from D.A. Davidson maintained a Hold rating on Graco (GGG – Research Report). The company’s shares closed yesterday at $69.80.
According to TipRanks, Summerville is a 3-star analyst with an average return of 1.3% and a 36.88% success rate. Summerville covers the Industrials sector, focusing on stocks such as Crane NXT, Graco, and Hillenbrand.
The word on The Street in general, suggests a Hold analyst consensus rating for Graco with a $87.50 average price target.
See the top stocks recommended by analysts >>
GGG market cap is currently $11.8B and has a P/E ratio of 23.75.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock. Last month, William Van-Sant, a Director at GGG sold 30,870.00 shares for a total of $2,317,488.30.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Graco (GGG) Company Description:
Graco, Inc. is a manufacturing company, which designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. It operates through the following segments: Industrial, Contractor and Process. The Industrial segment includes the Applied Fluid Technologies, Industrial Products and Process divisions. It markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil & natural gas, water, wastewater, petroleum, food, lubricants and other fluids. The Contractor segment equipment includes sprayers that apply texture to walls and ceilings, highly viscous coatings to roofs and markings on roads, parking lots, athletic fields and floors. Graco was founded by Russell Gray and Leil Gray in April 1926 and is headquartered in Minneapolis, MN.
Read More on GGG:
