Ply Gem Holdings Price Target Cut to $16.00 by Analysts at UBS AG (PGEM)
Investment analysts at UBS AG cut their price target on shares of Ply Gem Holdings (NASDAQ:PGEM) from $22.00 to $16.00 in a note issued to investors on Monday, Stock Ratings Network.com reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price objective indicates a potential upside of 6.60% from the stock’s previous close.
Shares of Ply Gem Holdings (NASDAQ:PGEM) traded down 1.20% during mid-day trading on Monday, hitting $14.83. The stock had a trading volume of 235,316 shares. Ply Gem Holdings has a 52 week low of $13.58 and a 52 week high of $24.46. The stock has a 50-day moving average of $15.0 and a 200-day moving average of $18.09. The company’s market cap is $995.4 million.
Ply Gem Holdings (NASDAQ:PGEM) last announced its earnings results on Tuesday, August 13th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.02.
A number of other firms have also recently commented on PGEM. Analysts at BB&T Corp. cut their price target on shares of Ply Gem Holdings from $25.00 to $23.00 in a research note to investors on Wednesday, October 2nd. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Ply Gem Holdings in a research note to investors on Monday, September 9th. They now have a $18.00 price target on the stock, down previously from $21.00. Finally, analysts at Williams Financial Group cut their price target on shares of Ply Gem Holdings from $28.00 to $24.00 in a research note to investors on Thursday, August 15th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $21.00.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
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