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Tecnoglass (TGLS) Gets a Buy Rating from Robert W. Baird

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Robert W. Baird analyst Timothy Wojs maintained a Buy rating on Tecnoglass (TGLSResearch Report) on June 7 and set a price target of $36.00. The company’s shares closed last Thursday at $21.11.

According to TipRanks.com, Wojs is a 3-star analyst with an average return of 0.8% and a 52.1% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Simpson Manufacturing Co, Lennox International, and Carlisle Companies.

Tecnoglass has an analyst consensus of Strong Buy, with a price target consensus of $33.67.

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Tecnoglass’ market cap is currently $1.01B and has a P/E ratio of 12.53.

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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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