Shares of GCP Applied Technologies Inc. (NYSE:GCP) hit a new 52-week high on Monday . The stock traded as high as $27.93 and last traded at $27.82, with a volume of 113,171 shares changing hands. The stock had previously closed at $27.26.

Several analysts recently weighed in on GCP shares. Zacks Investment Research upgraded shares of GCP Applied Technologies from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research report on Wednesday, May 4th. KeyCorp started coverage on shares of GCP Applied Technologies in a research report on Monday, May 16th. They issued a “sector weight” rating on the stock. CL King started coverage on shares of GCP Applied Technologies in a research report on Wednesday, June 29th. They issued a “buy” rating on the stock. Finally, Northcoast Research started coverage on shares of GCP Applied Technologies in a research report on Wednesday, June 29th. They issued a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. GCP Applied Technologies has a consensus rating of “Buy” and an average target price of $22.00.

The company’s 50-day moving average is $25.94 and its 200-day moving average is $22.11. The company has a market cap of $1.94 billion and a PE ratio of 53.04.

GCP Applied Technologies (NYSE:GCP) last released its earnings results on Tuesday, May 10th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.12. Equities analysts forecast that GCP Applied Technologies Inc. will post $1.50 earnings per share for the current year.

GCP Applied Technologies Inc is a provider of products and technology solutions for customers in the specialty construction chemicals, specialty building materials and packaging sealants and coatings industries. The Company operates through three segments: Specialty Construction Chemicals (SCC), which provides products, technologies, and services that improve the performance of cement, concrete, mortar, masonry and other cementitious based construction materials; Specialty Building Materials (SBM), which produces and sells sheet and liquid membrane systems and other products that protect both new and existing structures from water, air, vapor penetration, and fire damage, and Darex Packaging Technologies, which produces and sells sealants and coatings for consumer and industrial applications to protect the integrity of packaged products.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.