Dorman Products (NASDAQ:DORM) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Saturday.
Several other brokerages also recently commented on DORM. CL King raised Dorman Products from a “neutral” rating to a “strong-buy” rating in a research note on Wednesday, January 3rd. FBR & Co reissued a “neutral” rating and issued a $65.00 price objective (down from $75.00) on shares of Dorman Products in a research note on Monday, October 30th. B. Riley reissued a “neutral” rating and issued a $65.00 price objective (down from $75.00) on shares of Dorman Products in a research note on Wednesday, November 1st. Zacks Investment Research raised Dorman Products from a “sell” rating to a “hold” rating in a research note on Monday, January 1st. Finally, Jefferies Group reissued a “hold” rating and issued a $75.00 price objective on shares of Dorman Products in a research note on Sunday, October 29th. Five equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $68.33.
Shares of Dorman Products (NASDAQ DORM) opened at $73.45 on Friday. The company has a market capitalization of $2,476.88, a P/E ratio of 22.19, a PEG ratio of 1.76 and a beta of 0.85. Dorman Products has a 52 week low of $60.93 and a 52 week high of $88.50.
Dorman Products Company Profile
Dorman Products, Inc is a supplier of replacement parts and fasteners for passenger cars, light trucks and heavy duty trucks in the automotive aftermarket. As of December 31, 2016, the Company distributed and marketed approximately 155,000 different stock keeping units (SKU’s) of automotive replacement parts and fasteners.
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