Gentex Declines on North American Weakness
Gentex Corporation (NASDAQ: GNTX) announced mixed third-quarter 2017 results on Friday, highlighting the effects of an unexpected decline in North American light-vehicle production on its core business. But thanks to higher unit shipments in international markets, the auto-dimming mirror specialist still managed to deliver modest top-line growth to kick off the second half of the year.
Let's take a closer look at what Gentex achieved over the past few months, as well as what investors can expect for the rest of 2017.
IMAGE SOURCE: GENTEX
Source: Fool.com
Gentex Corp. Stock
€31.60
1.290%
Gentex Corp. is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
As a result the target price of 37 € shows a slightly positive potential of 17.09% compared to the current price of 31.6 € for Gentex Corp..
