Barclays analyst George Wang CFA maintained a Hold rating on Garmin (GRMN – Research Report) on November 1 and set a price target of $119.00. The company’s shares closed yesterday at $114.45.
Wang CFA covers the Technology sector, focusing on stocks such as Jabil, Super Micro Computer, and Nutanix. According to TipRanks, Wang CFA has an average return of 3.8% and a 56.00% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Garmin with a $134.67 average price target.
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The company has a one-year high of $115.32 and a one-year low of $80.21. Currently, Garmin has an average volume of 680.4K.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GRMN in relation to earlier this year.
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Garmin (GRMN) Company Description:
Switzerland-based Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness.
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