In a report released yesterday, Rich Kwas from Wells Fargo maintained a Buy rating on Gentex (GNTX). The company’s shares closed yesterday at $22.07.
According to TipRanks.com, Kwas is a 4-star analyst with an average return of 6.0% and a 56.2% success rate. Kwas covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation Inc, Magna International, and Tower International.
Gentex has an analyst consensus of Moderate Buy, with a price target consensus of $24.20.
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The company has a one-year high of $25.41 and a one-year low of $17.80. Currently, Gentex has an average volume of 2.41M.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock.
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Gentex Corp. engages in the design, development, and manufacture of electro-optical products for the automotive, commercial building, and aircraft industries. Its revenue is derived from the production and sales of automotive products in the United States, Germany, and Japan.
