NN (NNBR) Receives Price Target

NN (NNBR) : The highest short term price target forecast on NN (NNBR) is $29 and the lowest target price is $17. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $22 with a standard deviation of $6.25.

NN (NNBR) : The consensus on NN (NNBR) based on 4 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


NN (NASDAQ:NNBR): The stock opened at $17.76 on Thursday but the bulls could not build on the opening and the stock topped out at $17.95 for the day. The stock traded down to $17.36 during the day, due to lack of any buying support eventually closed down at $17.61 with a loss of -0.79% for the day. The stock had closed at $17.75 on the previous day. The total traded volume was 102,219 shares.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *