Zacks Investment Research upgraded shares of GCP Applied Technologies Inc. (NYSE:GCP) from a sell rating to a hold rating in a research report released on Tuesday.

According to Zacks, “GCP Applied Technologies Inc. offer specialty construction chemicals and building materials as well as packaging technologies. GCP Applied Technologies Inc. is headquatered Cambridge, Massachusetts. “

Other analysts have also recently issued research reports about the company. Northcoast Research began coverage on GCP Applied Technologies in a research report on Wednesday, June 29th. They set a buy rating for the company. CL King began coverage on GCP Applied Technologies in a research report on Wednesday, June 29th. They issued a buy rating for the company. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of $22.00.

Analyst Recommendations for GCP Applied Technologies (NYSE:GCP)

GCP Applied Technologies (NYSE:GCP) opened at 25.86 on Tuesday. The company’s 50-day moving average price is $27.93 and its 200-day moving average price is $25.52. GCP Applied Technologies has a one year low of $14.47 and a one year high of $30.12. The firm has a market cap of $1.83 billion and a price-to-earnings ratio of 46.76.

GCP Applied Technologies (NYSE:GCP) last released its quarterly earnings data on Wednesday, August 10th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by $0.04. On average, analysts anticipate that GCP Applied Technologies will post $1.49 EPS for the current year.

Several institutional investors have recently bought and sold shares of GCP. Simplex Trading LLC acquired a new position in GCP Applied Technologies during the third quarter valued at $122,000. BNP Paribas Arbitrage SA boosted its position in GCP Applied Technologies by 99.4% in the third quarter. BNP Paribas Arbitrage SA now owns 5,955 shares of the company’s stock valued at $169,000 after buying an additional 2,968 shares in the last quarter. Amalgamated Bank acquired a new position in GCP Applied Technologies during the second quarter valued at $206,000. Kimelman & Baird LLC acquired a new position in GCP Applied Technologies during the second quarter valued at $226,000. Finally, Legal & General Group Plc boosted its position in GCP Applied Technologies by 181.0% in the second quarter. Legal & General Group Plc now owns 12,739 shares of the company’s stock valued at $327,000 after buying an additional 8,205 shares in the last quarter. 84.92% of the stock is owned by institutional investors and hedge funds.

GCP Applied Technologies Company Profile

GCP Applied Technologies Inc (GCP) is engaged in the production and sale of specialty construction chemicals, specialty building materials, and packaging sealants and coatings. The Company operates through three segments: Specialty Construction Chemicals (SCC), Specialty Building Materials (SBM) and Darex Packaging Technologies (Darex).

5 Day Chart for NYSE:GCP

Receive News & Stock Ratings for GCP Applied Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCP Applied Technologies Inc. and related stocks with our FREE daily email newsletter.