Shares of Genuine Parts (NYSE:GPC) have been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $97.75.
GPC has been the topic of several analyst reports. Moffett Nathanson initiated coverage on Genuine Parts in a report on Monday, December 4th. They set a “sell” rating on the stock. Royal Bank of Canada dropped their target price on Genuine Parts from $98.00 to $95.00 and set a “sector perform” rating on the stock in a report on Friday, October 20th. Gabelli reiterated a “buy” rating on shares of Genuine Parts in a report on Friday, October 20th. Finally, Zacks Investment Research lowered Genuine Parts from a “hold” rating to a “sell” rating in a report on Friday, October 20th.
Shares of Genuine Parts (NYSE:GPC) opened at $97.72 on Tuesday. Genuine Parts has a twelve month low of $79.86 and a twelve month high of $107.75. The stock has a market capitalization of $14,228.84, a PE ratio of 21.86, a P/E/G ratio of 2.37 and a beta of 1.14. The company has a current ratio of 1.32, a quick ratio of 0.62 and a debt-to-equity ratio of 0.16.
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Genuine Parts Company Profile
Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company’s segments include Automotive, Industrial, Office Products Group, Electrical/Electronic Materials and Other.
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