Maxim Group Sticks to Its Buy Rating for Graham (GHM)

By Ryan Adsit

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Graham (GHMResearch Report), with a price target of $17.00. The company’s shares closed last Friday at $13.16.

According to, Sullivan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.8% and a 36.6% success rate. Sullivan covers the Services sector, focusing on stocks such as Natural Gas Services Group, Recon Technology, and ABM Industries.

Currently, the analyst consensus on Graham is a Moderate Buy with an average price target of $17.00.

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Graham’s market cap is currently $131.2M and has a P/E ratio of 66.40. The company has a Price to Book ratio of 1.31.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GHM in relation to earlier this year.

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Graham Corp. engages in the design, manufacture, and sale of equipment for the energy, defense, chemical, and petrochemical industries. Its products include surface condensers, ejector, heliflow spiral tube heat exchangers, desuperheaters and mircromix water heaters. The company was founded on March 7, 1983 and is headquartered in Batavia, NY.