Short Term Rating on Gentex Corporation (GNTX)

Gentex Corporation (GNTX) : Zacks Investment Research ranks Gentex Corporation (GNTX) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 2.38, which indicates as a Buy.

Gentex Corporation (GNTX) : 7 investment research analysts covering Gentex Corporation (GNTX) have an average price target of $16.86 for the near short term. The highest target price given by the Brokerage Firm to the stock is $21 and the lowest target is $11 for the short term. Analysts expect the variance to be within $4.18 of the average price.

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


Gentex Corporation (NASDAQ:GNTX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.81 and $15.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.93, notching a gain of 1.79% for the day. The total traded volume was 1,969,252 . The stock had closed at $15.65 on the previous day.

Gentex Corporation designs and manufactures automatic-dimming rearview mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry. The Companys business involves designing, developing, manufacturing and marketing interior and exterior auto-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. It also designs, develops and manufactures various electronics features that are additive to the interior and exterior automotive rearview mirrors as well as interior visors and overhead consoles. The Company ships its product to all of the automotive producing regions across the world.

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