Genuine Parts Company (NYSE:GPC) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: April 21, 2017
Boasting a price of $92.71, Genuine Parts Company (NYSE:GPC) traded -0.21% lower on the day. With the last stock price close down -2.67% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Genuine Parts Company has recorded a 50-day average of $92.41 and a two hundred day average of $95.25. Volume of trade was down over the average, with 104,638 shares of GPC changing hands under the typical 722,913
Zacks Investment Research has downgraded Genuine Parts Company (NYSE:GPC) to Sell in a statement released on 4/21/2017.
On Thursday April 20, 2017, RBC Capital Markets released a statement for Genuine Parts Company (NYSE:GPC) bumped up the target price from $94.00 to $96.00 that suggested an upside of 0.04%.
With a total market value of $0, Genuine Parts Company has price-earnings ratio of 20.20 with a one year low of $86.61 and a one year high of $105.97 .
A total of 8 equity analysts have released a research note on GPC. Two equity analysts rating the company a strong buy, one equity analyst rating the company a buy, nine equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $94.50.
Brief Synopsis About Genuine Parts Company (NYSE:GPC)
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. The automotive segment distributes replacement parts for all makes and models of automobiles, trucks and other vehicles. The industrial segment distributes a range of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. The office products segment distributes a range of office products, computer supplies, office furniture, and business electronics. The electrical/electronic materials segment distributes a range of electrical/electronic materials, including insulating and conductive materials for use in electronic and electrical apparatus.
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