Standard Motor Products – Consensus Indicates Potential 8.8% Upside

Broker Ratings

Standard Motor Products found using ticker (SMP) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 56 and 55 with a mean TP of 55.33. Now with the previous closing price of 50.86 this is indicating there is a potential upside of 8.8%. The day 50 moving average is 47.43 and the 200 day MA is 44.77. The company has a market capitalisation of $1,124m. Visit the company website at: http://www.smpcorp.com

Standard Motor Products manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry. The Engine Management segment offers components for the ignition, electrical, emissions, fuel and safety-related systems of motor vehicles under the Standard, SMP Blue Streak, Intermotor, Standard Diesel, BWD Select, BWD, OEM, TechSmart, Tech Expert, GP Sorensen, LockSmart, and Pollak brand names, as well as under private labels comprising NAPA Echlin and NAPA Belden. This segment’s products include electronic ignition control modules, new and remanufactured diesel injectors and pumps, ignition wires, coils, switches, relays, EGR valves, distributor caps and rotors, sensors, electronic throttle bodies, variable valve timing components, safety-related components, tire pressure monitoring sensors and park assist sensors, and other engine management components. The Temperature Control segment provides components for the temperature control systems, engine cooling systems, power window accessories, and windshield washer systems of motor vehicles under the Four Seasons, EVERCO, ACI, Hayden, Pro Source, and Factory Air brands. It provides new and remanufactured air conditioning compressors, air conditioning repair kits, clutch assemblies, blower and radiator fan motors, filter dryers, evaporators, accumulators, hose assemblies, thermal expansion devices, heater valves and cores, A/C service tools and chemicals, fan assemblies and clutches, oil coolers, window lift motors, window regulators and assemblies, and windshield washer pumps. The company sells its products primarily to automotive aftermarket retailers, program distribution groups, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Mexico, Europe, Asia, and other Latin American countries. Standard Motor Products was founded in 1919 and is headquartered in Long Island City, New York.

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