Graco (GGG) Receives a Hold from SunTrust Robinson

By Austin Angelo

In a report issued on October 25, Charles Brady from SunTrust Robinson reiterated a Hold rating on Graco (NYSE: GGG), with a price target of $45. The company’s shares closed on Friday at $40.44.

According to, Brady is a 4-star analyst with an average return of 6.7% and a 52.9% success rate. Brady covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Carlisle Companies Inc, and Sun Hydraulics Corp.

The word on The Street in general, suggests a Hold analyst consensus rating for Graco with a $47.50 average price target, representing a 17.5% upside. In a report issued on October 26, RBC Capital also maintained a Hold rating on the stock with a $46 price target.


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The company has a one-year high of $49.69 and a one-year low of $37.36. Currently, Graco has an average volume of 796.5K.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2018, Caroline Chambers, the EVP of GGG sold 97,500 shares for a total of $4,592,250.

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Graco, Inc. designs, manufactures and markets premium equipment to pump, meter, mix and dispense a wide variety of fluids and coatings. It operates through the following segments: Industrial, Contractor and Process. The Industrial segment includes the Applied Fluid Technologies division, Industrial Products division and Process division.