Wunderlich Initiates Coverage On EnPro Industries to Buy with Price Target $85

Wunderlich Initiates Coverage On EnPro Industries(NPO). In a research note issued to the investors, the brokerage major Announces the price-target to $85 per share. The shares have been rated Buy. The rating by the stock financial advisor at Wunderlich was issued on Mar 22, 2017 in a research report to their Investors and Clients.

EnPro Industries (NPO) shares turned negative on Fridays trading session with the shares closing down -0.48 points or -0.75% at a volume of 79,909. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $64.7. The peak price level was also seen at $64.7 while the days lowest was $63.17. Finally the shares closed at $63.57. The 52-week high of the shares is $69.5 while the 52-week low is $42.555. According to the latest information available, the market cap of the company is $1,361 M.

EnPro Industries(NPO) last announced its earnings results on Feb 15, 2017 for Fiscal Year 2016 and Q4.Earnings per share were $0.15.

Several Insider Transactions has been reported to the SEC. On Mar 2, 2017, Stephen E. Macadam (President and CEO) sold 10,000 shares at $67.00 per share price.Also, On Dec 6, 2016, William C. O’neal (VP, Strategy, Corp Dev. and IR) purchased 23 shares at $61.51 per share price.On May 17, 2016, Thomas M. Botts (director) purchased 2,100 shares at $47.71 per share price, according to the Form-4 filing with the securities and exchange commission.

EnPro Industries Inc. (EnPro) is engaged in the designing developing manufacturing and marketing engineered industrial products. The Company operates in three segments: Sealing Products segment Engineered Products segment and Power Systems segment. Its Sealing Products segment designs manufactures and sells sealing products. Engineered Products Segment includes its bearings aluminum blocks for hydraulic applications and reciprocating compressor components. Its Engineered Products segment includes operations that design manufacture and sell self-lubricating non-rolling metal-polymer and solid polymer and filament wound bearing products among others. Its Power Systems segment designs manufactures sells and services heavy-duty medium-speed diesel natural gas and dual fuel reciprocating engines. It has approximately 63 primary manufacturing facilities located in 13 countries including the United States.

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