Oppenheimer analyst Bryan Blair maintained a Hold rating on Graco (NYSE: GGG) yesterday. The company’s shares closed yesterday at $37.38, close to its 52-week low of $37.36.
According to TipRanks.com, Blair is a 1-star analyst with an average return of -10.5% and a 7.1% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Carlisle Companies Inc, and Mueller Water Products.
Currently, the analyst consensus on Graco is a Hold with an average price target of $48.25.
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The company has a one-year high of $49.69 and a one-year low of $37.36. Currently, Graco has an average volume of 732.5K.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2018, Caroline Chambers, the EVP of GGG sold 97,500 shares for a total of $4,592,250.
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Graco, Inc. designs, manufactures and markets premium equipment to pump, meter, mix and dispense a wide variety of fluids and coatings. It operates through the following segments: Industrial, Contractor and Process. The Industrial segment includes the Applied Fluid Technologies division, Industrial Products division and Process division.
