SunTrust Robinson Sticks to Its Hold Rating for Generac Holdings

By Jason Carr

SunTrust Robinson analyst Charles Brady reiterated a Hold rating on Generac Holdings (NYSE: GNRC) today and set a price target of $47. The company’s shares opened today at $49.34, close to its 52-week high of $50.29.

According to TipRanks.com, Brady is a 5-star analyst with an average return of 20.5% and a 83.1% success rate. Brady covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Carlisle Companies Inc, and Circor International.

Generac Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $47.50.

Generac Holdings’ market cap is currently $3.05B and has a P/E ratio of 29.57. The company has a book value ratio of 7.1298.

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Generac Holdings, Inc. designs and manufactures power generation equipment and other engine powered products serving the residential, light commercial and industrial markets. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components, such as light towers, pumps and power washers for the residential, light commercial, industrial and construction markets. The company operates through the following segments: Domestic and International. The Domestic segment includes the legacy generac business. The International segment includes the ottomotores, tower light and pramac acquisitions. Both segments designs and manufactures power generation equipment and other engine powered products. Generac Holdings was founded in 2006 and is headquartered in Waukesha, WI.