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Robert W. Baird recorded Sun Hydraulics (NASDAQ:SNHY), bumping its target to $57.00 earlier today

Boasting a price of $57.13, Sun Hydraulics (NASDAQ:SNHY) traded 0.37% higher on the day. With the last stock price close up 30.17% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Sun Hydraulics has recorded a 50-day average of $51.98 and a two hundred day average of $43.89. Volume of trade was down over the average, with 48,284 shares of SNHY changing hands under the typical 112,492

Robert W. Baird raised the target price of Sun Hydraulics (NASDAQ:SNHY) to $57.00 indicating a possible downside of 0.00%.

See Chart Below

Sun Hydraulics (NASDAQ:SNHY)

Sun Hydraulics has a 52 week low of $28.88 and a 52 week high of $57.73 with a P/E ratio of 60.14 The company’s market cap is currently $0.

About Sun Hydraulics (NASDAQ:SNHY)

Sun Hydraulics Corporation (Sun) develops and manufactures solutions for the hydraulics and electronics markets. It is engaged in power controls and vehicle technologies lines of business. The Company operates through two segments including hydraulics and electronics. Hydraulics market segment is engaged in manufacturing of screw-in hydraulic cartridge valves, electro-hydraulics, manifolds, and integrated package solutions for the worldwide industrial and mobile hydraulics markets operating under the brand Sun Hydraulics. Electronics market segment provides electronic control, display and instrumentation solutions for both recreational and off-highway vehicles, as well as stationary and power generation equipment and that offered under the brands of Enovation Controls, Murphy and Zero Off.

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