Ply Gem Holdings Price Target Cut to $14.00 by Analysts at UBS AG (PGEM)
Stock analysts at UBS AG dropped their target price on shares of Ply Gem Holdings (NASDAQ:PGEM) from $15.00 to $14.00 in a report issued on Tuesday, Stock Ratings Network.com reports. UBS AG’s price target would indicate a potential downside of 0.50% from the stock’s previous close.
Shares of Ply Gem Holdings (NASDAQ:PGEM) traded down 0.11% on Tuesday, hitting $14.055. 94,560 shares of the company’s stock traded hands. Ply Gem Holdings has a 1-year low of $12.70 and a 1-year high of $24.46. The stock’s 50-day moving average is $17.47 and its 200-day moving average is $16.71. The company’s market cap is $944.0 million.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of Ply Gem Holdings from an “overweight” rating to a “neutral” rating in a research note to investors on Monday. Separately, analysts at Credit Suisse downgraded shares of Ply Gem Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 9th. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Ply Gem Holdings from a “buy” rating to a “neutral” rating in a research note to investors on Monday, December 9th. They now have a $19.00 price target on the stock, up previously from $18.00. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $19.67.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
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