Gentherm (THRM) Received its Third Buy in a Row


After Roth Capital and B.Riley FBR gave Gentherm (NASDAQ: THRM) a Buy rating last month, the company received another Buy, this time from Barrington. Analyst Gary Prestopino maintained a Buy rating on Gentherm today and set a price target of $57.50. The company’s shares closed last Monday at $48.50, close to its 52-week high of $49.95.

According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 3.5% and a 52.1% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services, Liquidity Services, and Cardtronics.

Gentherm has an analyst consensus of Strong Buy, with a price target consensus of $54.38, which is a 10.6% upside from current levels. In a report issued on February 14, Roth Capital also maintained a Buy rating on the stock with a $54.00 price target.

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Gentherm’s market cap is currently $1.59B and has a P/E ratio of 42.78. The company has a Price to Book ratio of 3.35.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of THRM in relation to earlier this year.

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..

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