Garmin Ltd (GRMN) Gets a Buy Rating from Tigress Financial


Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Garmin Ltd (GRMN) today. The company’s shares opened today at $80.21.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 16.0% and a 66.5% success rate. Feinseth covers the Consumer Goods sector, focusing on stocks such as Dolby Laboratories, USANA Health, and Apple Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Garmin Ltd with a $78 average price target.

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Garmin Ltd’s market cap is currently $15.22B and has a P/E ratio of 21.61. The company has a Price to Book ratio of 3.53.

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Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. It operates through the following five segments: Marine, Outdoor, Fitness, Auto and Aviation.

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