Bank of America initiated coverage on shares of Generac Holdlings (NASDAQ: GNRC) in a research note released on Monday morning. The firm issued a buy rating and a $45.00 price target on the stock.

Generac Holdlings (NASDAQ: GNRC) opened at 34.60 on Monday. Generac Holdlings has a 1-year low of $18.35 and a 1-year high of $41.40. The stock’s 50-day moving average is currently $36.06. The company has a market cap of $2.362 billion and a price-to-earnings ratio of 25.63.

A number of other analysts have also recently weighed in on GNRC. Analysts at JPMorgan Chase raised their price target on shares of Generac Holdlings from $31.00 to $34.00 in a research note to investors on Monday, February 25th. Separately, analysts at Robert W. Baird raised their price target on shares of Generac Holdlings from $36.00 to $42.00 in a research note to investors on Friday, February 15th. They now have a neutral rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Generac Holdlings from $38.00 to $40.00 in a research note to investors on Friday, February 15th.

One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. Generac Holdlings currently has an average rating of Buy and an average price target of $39.75.

Generac Holdings Inc. (NASDAQ: GNRC) is a designer and manufacturer of a range of generators and other engine powered products for the residential, light commercial, industrial and construction markets.

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