NN (NNBR) : 4 analysts are covering NN (NNBR) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
NN (NNBR) : Average target price received by NN (NNBR) is $22 with an expected standard deviation of $6.25. The most aggressive target on the stock is $29, whereas the most downbeat target is $17. 3 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. NN (NASDAQ:NNBR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.62 and $16.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.87, notching a gain of 2.00% for the day. The total traded volume was 148,459 . The stock had closed at $16.54 on the previous day.
In a related news,The director of Nn Inc, Warshaw Steven T sold 1,000 shares at $18.49 on June 20, 2016. The Insider selling transaction had a total value worth of $18,490. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
NN, Inc. is an industrial company and a global manufacturer of metal bearing, plastic, rubber and precision metal components. The Company has three operating segments, the Metal Bearing Components Segment, the Plastic and Rubber Components Segment, and the Autocam Precision Components Segment. It has 25 manufacturing plants in the United States, Western Europe, Eastern Europe, South America and China. The Metal Bearing Components segment manufactures and supplies bearing components, consisting of balls, cylindrical rollers, tapered rollers and metal retainers. The Plastic and Rubber Components segment includes bearing seals, plastic retainers and precision plastic components. The Autocam Precision Components segment sells a range of engineered, close tolerance, precision-machined metal components and subassemblies.