Jefferies Starts Gorman-Rupp (GRC) at Buy
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Price: $27.74 +0.51%
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
1 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on Gorman-Rupp (NYSE: GRC) with a Buy rating and $38 price target.
The firm states, "We consider GRC a high quality industrial, and believe it is positioned to benefit from an upturn in water market capex in 2012."
For more ratings news on Gorman-Rupp click here and for the rating history of Gorman-Rupp click here.
Shares of Gorman-Rupp closed at $32.97 yesterday.
The firm states, "We consider GRC a high quality industrial, and believe it is positioned to benefit from an upturn in water market capex in 2012."
For more ratings news on Gorman-Rupp click here and for the rating history of Gorman-Rupp click here.
Shares of Gorman-Rupp closed at $32.97 yesterday.
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