Global Power Equipment Group Rating Increased to Neutral at Zacks (GLPW)
Global Power Equipment Group (NASDAQ:GLPW) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Monday. The firm currently has a $17.70 price target on the stock. Zacks‘s target price would suggest a potential upside of 2.49% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at TheStreet downgraded shares of Global Power Equipment Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 7th. Analysts at William Blair cut their price target on shares of Global Power Equipment Group from $23.00 to $21.00 in a research note on Monday, May 5th.
Global Power Equipment Group (NASDAQ:GLPW) traded down 2.78% on Monday, hitting $16.79. 14,524 shares of the company’s stock traded hands. Global Power Equipment Group has a one year low of $15.17 and a one year high of $20.98. The stock’s 50-day moving average is $16.35 and its 200-day moving average is $17.99. The company has a market cap of $287.3 million and a price-to-earnings ratio of 22.75.
Global Power Equipment Group Inc is a provider of power generation equipment and maintenance services for customers in the domestic and international energy, power infrastructure and service industries.
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