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Analysts Offer Insights on Industrial Goods Companies: Konecranes (GB:0MET), DHT Holdings (DHT) and IQE plc (GB:IQE)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Konecranes (GB:0METResearch Report), DHT Holdings (DHTResearch Report) and IQE plc (GB:IQEResearch Report) with bullish sentiments.

Konecranes (GB:0MET)

Kepler Capital analyst Johan Eliason maintained a Buy rating on Konecranes on May 19 and set a price target of EUR45.00. The company’s shares closed last Friday at EUR36.04.

Eliason has an average return of 5.6% when recommending Konecranes.

According to TipRanks.com, Eliason is ranked #1991 out of 8406 analysts.

Konecranes has an analyst consensus of Moderate Buy, with a price target consensus of EUR45.00.

See the top stocks recommended by analysts >>

DHT Holdings (DHT)

In a report issued on May 9, Nikesh Shukla from Drewry Financial maintained a Buy rating on DHT Holdings, with a price target of $11.00. The company’s shares closed last Friday at $8.15.

Shukla has an average return of 7.7% when recommending DHT Holdings.

According to TipRanks.com, Shukla is ranked #1012 out of 8406 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DHT Holdings with a $12.72 average price target, representing a 59.0% upside. In a report issued on April 24, Cleaves Securities also maintained a Buy rating on the stock with a $16.00 price target.

IQE plc (GB:IQE)

In a report issued on May 18, Robert Sanders MBA from Deutsche Bank maintained a Buy rating on IQE plc, with a price target of p30.00. The company’s shares closed last Friday at p23.50, close to its 52-week low of p18.86.

According to TipRanks.com, MBA is a 5-star analyst with an average return of 16.8% and a 56.4% success rate. MBA covers the Technology sector, focusing on stocks such as Wolfspeed, Logitech, and ams AG.

Currently, the analyst consensus on IQE plc is a Moderate Buy with an average price target of p30.00.

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