Markets
In a report released today, Bryan Blair from Oppenheimer assigned a Hold rating to Graco (GGG – Research Report). The company’s shares closed last Wednesday at $77.06.
According to TipRanks.com, Blair is a 5-star analyst with an average return of 25.0% and a 74.4% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Altra Industrial Motion.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Graco with a $77.50 average price target.
Graco’s market cap is currently $12.84B and has a P/E ratio of 39.70. The company has a Price to Book ratio of 16.57.