Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Forward Air (FWRD – Research Report), Applied Materials (AMAT – Research Report) and Generac Holdings (GNRC – Research Report).
Forward Air (FWRD)
In a report issued on May 23, J. Bruce Chan from Stifel Nicolaus maintained a Buy rating on Forward Air, with a price target of $116.00. The company’s shares closed last Wednesday at $95.16.
According to TipRanks.com, Chan is a 3-star analyst with an average return of
Forward Air has an analyst consensus of Strong Buy, with a price target consensus of $117.40.
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Applied Materials (AMAT)
Stifel Nicolaus analyst Brian Chin maintained a Buy rating on Applied Materials on May 23 and set a price target of $150.00. The company’s shares closed last Wednesday at $121.73.
According to TipRanks.com, Chin is a 5-star analyst with an average return of
Currently, the analyst consensus on Applied Materials is a Moderate Buy with an average price target of $138.76, which is a 13.8% upside from current levels. In a report issued on May 18, Mizuho Securities also maintained a Buy rating on the stock with a $140.00 price target.
Generac Holdings (GNRC)
In a report issued on May 23, Stephen Gengaro from Stifel Nicolaus maintained a Hold rating on Generac Holdings, with a price target of $135.00. The company’s shares closed last Wednesday at $116.11, close to its 52-week low of $86.29.
According to TipRanks.com, Gengaro is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generac Holdings with a $136.31 average price target.
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