Zacks Upgrades Ply Gem Holdings to Neutral (PGEM)
Ply Gem Holdings (NASDAQ:PGEM) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Monday, Analyst Ratings News reports. The firm currently has a $13.10 target price on the stock. Zacks‘ price target suggests a potential upside of 2.26% from the company’s current price.
PGEM has been the subject of a number of other recent research reports. Analysts at Deutsche Bank cut their price target on shares of Ply Gem Holdings from $18.00 to $14.00 in a research note on Wednesday, January 15th. They now have a “hold” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Ply Gem Holdings from $15.00 to $14.00 in a research note on Tuesday, January 14th. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Ply Gem Holdings from an “overweight” rating to a “neutral” rating in a research note on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $18.16.
Ply Gem Holdings (NASDAQ:PGEM) traded up 0.77% during mid-day trading on Monday, hitting $12.908. 104,195 shares of the company’s stock traded hands. Ply Gem Holdings has a 52 week low of $12.26 and a 52 week high of $24.46. The stock has a 50-day moving average of $13.97 and a 200-day moving average of $15.54. The company’s market cap is $866.9 million.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
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