Roth Capital Thinks Unique Fabricating’s Stock is Going to Recover

By Austin Angelo

Roth Capital analyst Matt Koranda reiterated a Buy rating on Unique Fabricating (AMEX: UFAB) today and set a price target of $17. The company’s shares opened today at $10.86, close to its 52-week low of $10.40.

According to TipRanks.com, Koranda is a 3-star analyst with an average return of 2.5% and a 41.3% success rate. Koranda covers the Consumer Goods sector, focusing on stocks such as Motorcar Parts Of America, Cooper-Standard Holdings, and Pioneer Power Solutions.

Unique Fabricating has an analyst consensus of Moderate Buy.

Unique Fabricating’s market cap is currently $101.5M and has a P/E ratio of 17.75. The company has a book value ratio of 2.0796.

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Unique Fabricating, Inc. engages in the engineering and manufacture of multi-material foam, rubber and plastic components. Its products are used for noise, vibration and harshness, acoustical management, water and air sealing, decorative and for other functional applications. The company was founded in 1975 and is headquartered in Auburn Hills, MI.