Graco Inc. found with ticker (GGG) now have 6 analysts covering the stock. Analyst consensus points to a “Buy” rating. The range between the high price target and the low price target is between 82 and 70 calculating the average price target we see at 76.17. With the stock’s previous close at 72.47, this now indicates a potential upside of 5.1%. The 50 day moving average is 68.71 and the 200 moving average is now moving at 65.18. The company’s market capitalization is $11.849 billion. Visit the company website at: https://www.graco.com
The potential market cap would be $12.454 billion based on market consensus.
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Graco Inc. designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluids and powder materials worldwide. The company’s Industrial segment offers dosing systems for spraying polyurethane foam and polyurea coatings; equipment that pumps, measures, mixes and dispenses sealants, adhesives and compounds; and gel-coat equipment, chop and wet systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also offers liquid finishing equipment; paint circulation and supply pumps; advanced paint circulation control systems; plural component coating dispensers; spare parts and accessories; and powder finishing products for coating metal powder finishes under the Gema and SAT brands. The company’s process segment offers pumps for moving and dispensing chemicals, water, wastewater, oil, food, lubricants and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes and research facilities; and chemical injection pumping solutions for the injection of chemicals into production wells and oil pipelines. Also supplies pumps, hose reels, meters, valves and accessories for quick oil change facilities, service garages, fleet service centers, car dealerships, auto parts stores, truck builders and heavy equipment service centers; and systems, components and accessories for the automatic lubrication of bearings, gears and generators in industrial and commercial equipment, compressors, turbines and road and off-road vehicles. The company’s contractor segment offers sprayers for applying paint to walls and other structures; and viscous coatings on roofs, as well as markings on roads, parking lots, athletic fields and grounds. It sells its products through distributors, original equipment manufacturers and home center channels; and directly to end users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.
