Analyst Rating Update on Generac Holdlings (GNRC)

Generac Holdlings (GNRC) : The consensus on Generac Holdlings (GNRC) based on 8 analyst recommendation on the company stock is 2.25, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Generac Holdlings (GNRC) : The highest short term price target forecast on Generac Holdlings (GNRC) is $42 and the lowest target price is $38. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $40.25 with a standard deviation of $2.06.

For the current week, the company shares have a recommendation consensus of Buy.


Generac Holdlings (NYSE:GNRC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.79 and $32.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.88, notching a gain of 2.26% for the day. The total traded volume was 944,261 . The stock had closed at $33.13 on the previous day.

Generac Holdings Inc. is a designer and manufacturer of a range of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. Its other engine powered products that it designs and manufactures include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the oil and gas, construction and other industrial markets, and a product line of power washers for residential and commercial use. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components necessary for its products. It also sells direct to certain national and regional account customers, including telecommunication, retail, banking, convenience stores, grocery stores and other light commercial applications. Its products include residential products, commercial and industrial (C&I) products, and other products.

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