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Analysts Offer Insights on Industrial Goods Companies: Brembo SPA (GB:0RPV), Rational (GB:0FRJ) and ABB Ltd (GB:0NX2)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Brembo SPA (GB:0RPVResearch Report), Rational (GB:0FRJResearch Report) and ABB Ltd (GB:0NX2Research Report).

Brembo SPA (GB:0RPV)

Berenberg Bank analyst Giovanni Selvetti maintained a Buy rating on Brembo SPA on March 6 and set a price target of EUR14.00. The company’s shares closed yesterday at EUR11.74.

Selvetti has an average return of 2.5% when recommending Brembo SPA.

According to TipRanks.com, Selvetti is ranked #1920 out of 8786 analysts.

Brembo SPA has an analyst consensus of Moderate Buy, with a price target consensus of EUR14.00.

See the top stocks recommended by analysts >>

Rational (GB:0FRJ)

Barclays analyst Timothy Lee, CFA downgraded Rational to Hold yesterday and set a price target of EUR834.00. The company’s shares closed yesterday at EUR797.81, close to its 52-week high of EUR877.25.

CFA has an average return of 21.7% when recommending Rational.

According to TipRanks.com, CFA is ranked #7012 out of 8786 analysts.

Rational has an analyst consensus of Hold, with a price target consensus of EUR731.55, a -8.5% downside from current levels. In a report issued on March 20, Stifel Nicolaus also initiated coverage with a Hold rating on the stock with a EUR800.00 price target.

ABB Ltd (GB:0NX2)

Deutsche Bank analyst Gael De-Bray maintained a Hold rating on ABB Ltd yesterday and set a price target of CHF37.00. The company’s shares closed yesterday at CHF41.74.

According to TipRanks.com, De-Bray is ranked #1007 out of 8786 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for ABB Ltd with a CHF38.68 average price target, a -7.6% downside from current levels. In a report issued on March 18, Kepler Capital also maintained a Hold rating on the stock with a CHF39.00 price target.

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