Barrington Keeps a Buy Rating on Gentherm (THRM)


In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Gentherm (THRM), with a price target of $50. The company’s shares opened today at $39.01.

Prestopino noted:

“We continue with our OUTPERFORM investment rating on the shares with a $50 price target.”

According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -0.9% and a 42.9% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.

Gentherm has an analyst consensus of Moderate Buy, with a price target consensus of $45.

See today’s analyst top recommended stocks >>

Based on Gentherm’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $8.41 million. In comparison, last year the company had a net profit of $16.66 million.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock.

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 and Industrial..

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts