Original parts manufacturers – consensus points to a potential minus of -5.7%

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Original parts manufacturer found with ticker (GPC) now have a total of 7 analysts who cover the share. The consensus rating is ‘hold’. The target price is between 129 and 113 with a mean TP of 121.71. Given the stock’s previous closing price was 129.06, this points to a potential downward move of -5.7%. The 50-day moving average is now 128.2 and the 200-day moving average is 115.48. The company has a market capitalization of $ 18,412 million. Company website: http://www.genpt.com

The Genuine Parts Company sells automotive parts and industrial parts and materials. The company sells automotive spare parts for imported vehicles, hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, RVs, agricultural vehicles, small engines, agricultural equipment, marine equipment, and heavy duty equipment; and accessories and accessories used by various automotive aftermarket customers such as: It also sells industrial spare parts and related accessories, such as bearings, mechanical and electrical power transmission products, industrial automation and robotics, hoses, hydraulic and pneumatic components, industrial and safety accessories and material handling products for original equipment manufacturers, as well as maintenance, repair and operational customers in the fields of equipment and Machinery, food and beverage, forest products, primary metals, pulp and paper, mining, automotive, oil and gas, petrochemical, pharmaceutical, power generation, alternative energy, government, transportation, ports, and other industries. In addition, the company offers various services and repairs, including assembly and repair of gear and fluid power and process pumps, repair of hydraulic drive shafts, assembly and repair of control panels, manufacture and assembly of hoses and seals, and other value-added services. It operates in the United States, Canada, France, United Kingdom, Germany, Poland, the Netherlands, Belgium, Australia, New Zealand, Mexico, Indonesia and Singapore. The company was founded in 1928 and is headquartered in Atlanta, Georgia.

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