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Robert W. Baird Stick to Their Buy Rating for Tecnoglass Inc

Published 06/13/2021, 01:16 AM
TGLS
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Robert W. Baird analyst Timothy Wojs maintained a Buy rating on Tecnoglass (NASDAQ:TGLS) Inc on Wednesday, setting a price target of $24, which is approximately 5.68% above the present share price of $22.71.

Wojs expects Tecnoglass Inc to post earnings per share (EPS) of $0.17 for the second quarter of 2021.

The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Tecnoglass, with an average price target of $18.6.
The analysts price targets range from a high of $24 to a low of $14.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $110.88 million and a net profit of $25.39 million. The company's market cap is $1.08 billion.

According to TipRanks.com, Robert W. Baird analyst Timothy Wojs is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 4.4% and a 56.07% success rate.

Tecnoglass, Inc. is a holding company, which engages in the design, manufacturing, distribution, marketing, and installation of architectural glass, windows, and associated aluminum products. It offers insulating, laminated, and monolithic glass. The company was founded on September 21, 2011 and is headquartered in Barranquilla, Colombia.

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