Brokerage Firm Rating Update on Generac Holdlings (GNRC)

Generac Holdlings (GNRC) : The consensus on Generac Holdlings (GNRC) based on 8 analyst recommendation on the company stock is 2.25, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Generac Holdlings (GNRC) : 4 Wall Street analysts covering Generac Holdlings (GNRC) believe that the average level the stock could reach for the short term is $38.25. The maximum price target given is $42 and the minimum target for short term is around $35, hence the standard deviation is calculated at $2.99.


Company shares have received an average consensus rating of Hold for the current week

Generac Holdlings (NYSE:GNRC): stock was range-bound between the intraday low of $36.26 and the intraday high of $37.09 after having opened at $36.89 on Wednesdays session. The stock finally closed in the red at $36.89, a loss of -1.51%. The stock remained in the red for the whole trading day. The total traded volume was 620,266 shares. The stock failed to cross $37.09 in Wednesdays trading. The stocks closing price on Thursday was $36.98.

Generac Holdings Inc. is a designer and manufacturer of a range of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. Its other engine powered products that it designs and manufactures include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the oil and gas, construction and other industrial markets, and a product line of power washers for residential and commercial use. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components necessary for its products. It also sells direct to certain national and regional account customers, including telecommunication, retail, banking, convenience stores, grocery stores and other light commercial applications. Its products include residential products, commercial and industrial (C&I) products, and other products.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.