PGT (PGTI) Receives Price Target

PGT (PGTI) stock is expected to deviate a maximum of $1.31 from the average target price of $13.19 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $15 and the most muted being $11.

PGT (PGTI) : 5 brokerage houses believe that PGT (PGTI) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on PGT (PGTI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.


Also, FBR Capital initiates coverage on PGT (NASDAQ:PGTI) In a research note issued to the investors, the brokerage major announces price-target of $14.5 per share.The shares have been rated Outperform. The rating by the firm was issued on June 1, 2016.

PGT (NASDAQ:PGTI): The stock was completely flat for the day, closing at $11.91 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $11.97, the stock touched an intraday high of $11.99 and a low of $11.79. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $11.91. The total trading volume on Thursday was 323,449.

PGT, Inc. is a manufacturer and supplier of residential impact-resistant windows and doors. The Companys impact-resistant products are marketed under WinGuard, PremierVue, PGT Architectural Systems and PGT Commercial Storefront System brand names, combine heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris by maintaining their structural integrity and preventing penetration by impacting objects. The Company also manufactures non-impact resistant products in both aluminum and vinyl frames, including its SpectraGuard line of products. The Company conducts business in the Southeastern United States, Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America and Canada.

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