This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Genuine Parts Company (GPC) Receives a Buy from D.A. Davidson

Tipranks - Tipranks - Fri Sep 11, 9:46AM CDT

In a report released today, Chris Dankert from D.A. Davidson reiterated a Buy rating on Genuine Parts Company, with a price target of $170.00.

Dankert covers the Industrials sector, focusing on stocks such as Emerson Electric Company, MSC Industrial, and Regal Rexnord. According to TipRanks, Dankert has an average return of 15.4% and a 69.66% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Genuine Parts Company with a $144.67 average price target.

See the top stocks recommended by analysts >>

Based on Genuine Parts Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $6.54 billion and a net profit of $227.56 million. In comparison, last year the company earned a revenue of $6.16 billion and had a net profit of $254.88 million

Read More on GPC:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Market data provided by Barchart. Exchange delay details and data provider terms here. Information may be delayed, is provided 'as is' and is solely for informational purposes, and not for trading, investment or advice.