Sturm Ruger & Co. Upgraded to Outperform by Zacks (RGR)
Sturm Ruger & Co. (NYSE:RGR) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a $85.90 price target on the stock. Zacks‘ price objective would suggest a potential upside of 18.03% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at CRT Capital initiated coverage on shares of Sturm Ruger & Co. in a research note to investors on Tuesday, January 7th. They set a “buy” rating and a $85.00 price target on the stock. Analysts at KeyCorp reiterated an “underweight” rating on shares of Sturm Ruger & Co. in a research note to investors on Monday, January 6th.
In other Sturm Ruger & Co. news, CFO Thomas Anthony Dineen unloaded 5,800 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $73.64, for a total value of $427,112.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers.
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