Published On: Wed, Oct 19th, 2016

Marine Products Corporation (NYSE:MPX) – Broker Update

Below are the most recently updated broker updates which include ratings and price targets for Marine Products Corporation (NYSE:MPX).

04/28/2016 – Broker: B. Riley Rating: neutral New Target: 9 downgrade

05/01/2015 – Broker: Zacks Rating: buy New Target: 8 upgrade

The average price target from the most recent broker reports is 8.50

The stock decreased -0.34% (-0.03) during the last days session, reaching 8.89 and roughly 50507 shares were bought or sold by traders. Marine Products Corporation (NYSE:MPX) has increased by +30.16% over 12 months.

Marine Products Corporation (MPC) is engaged in manufacturing powerboats and providing related products and services. The Company manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The Company operates in Powerboat Manufacturing business segment. The Company’s product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats. MPC designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, sport yacht, jet boat and sport fishing markets. The Company sells its products to a network of approximately 150 domestic and over 85 international independent authorized dealers. The Company manufactures Chaparral sterndrive pleasure boats, including H2O Sport, and Fish & Ski boats, SSi and SSX Sportboats, Sunesta Sportdecks, Signature Cruisers, SunCoast Sportdeck outboards, Vortex Jet Boats and Robalo outboard sport fishing boats.