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Sunday, April 11, 2021

Zacks Investment Research Has Lifted The Stocks Of TGLS With A Rating Of Buy

The stocks of TGLS have been upgraded by the analysts working at Zacks Investment Research with a rating of buy, as they improved it from a previous rating of hold. Currently, the firm has a target price of $7.75 on the firm. The price target of said firm indicates an increase in the growth by about 9.15% from the last close of the stock.

The Commentary on the Stocks of TGLS 

There have been quite a few firms that have been working on the stocks of TGLS. BidaskClub has already upgraded the stocks of the company with a ‘buy’ rating after it previously gave it a ‘hold’ rating. DA Davidson has also upgraded the shares of the company from a rating of ‘neutral’ to a rating of ‘buy’ in one of their 14th December research reports. ValuEngine has also lowered the shares of the company from a rating of ‘sell’ to a rating of ‘strong sell’ in one of their research reports.

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B. Riley has also upgraded the shares of the company from a rating of ‘neutral’ to a rating of ‘buy’, along with a price target of $8 on the stocks of the company in a 9th November research report. In the end, Raymond James did lower the shares of the company from a rating of ‘strong buy’ to a rating of ‘outperform’. They also put up a price target of $7. One investment analyst has already rated the stocks of a company with a rating of sell, while five of them have given it a rating of buy. Currently, the average rating of the company is ‘Buy’, whereas the price objective is $7.58.

The shares of TGLS traded at $7.10 last Friday. The market cap of the firm is $338.49 million, with a PE ratio of 47.34, and a PEG ratio of 0.48, and a beta of 1.45. The moving average of the firm over 50-days is $6.13, while that of 200-days is $5.54. 

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