.jpg "Gentherm (NASDAQ: THRM)")
Barrington analyst Gary Prestopino maintained a Buy rating on Gentherm (NASDAQ: THRM) today and set a price target of $50. The company’s shares opened today at $43.40.
Prestopino said:
“We have an OUTPERFORM rating on the shares with a $50 price target. Company Description Gentherm, Inc. engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices.”
According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 6.6% and a 49.4% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gentherm with a $44.50 average price target.
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The company has a one-year high of $50.30 and a one-year low of $30.18. Currently, Gentherm has an average volume of 242.6K.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of THRM in relation to earlier this year. Last month, Frithjof Oldorff, the President Auto BU of THRM sold 20,000 shares for a total of $983,000.
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.
Gentherm, Inc. engages in the design, development, manufacture, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive, Industrial, and Reconciling Items.
