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Analysts Conflicted on These Industrial Goods Names: ABB Ltd (GB:0NX2), Fuchs Petrolub (GB:0LCR) and Prysmian SpA (GB:0NUX)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on ABB Ltd (GB:0NX2Research Report), Fuchs Petrolub (GB:0LCRResearch Report) and Prysmian SpA (GB:0NUXResearch Report).

ABB Ltd (GB:0NX2)

Kepler Capital analyst William Mackie maintained a Hold rating on ABB Ltd on April 18 and set a price target of CHF42.00. The company’s shares closed yesterday at CHF44.37.

According to TipRanks.com, Mackie is a 4-star analyst with an average return of 4.9% and a 58.8% success rate. Mackie covers the Industrial Goods sector, focusing on stocks such as Siemens Energy, ABB Ltd, and Nordex.

The word on The Street in general, suggests a Hold analyst consensus rating for ABB Ltd with a CHF40.17 average price target, implying a -9.3% downside from current levels. In a report issued on April 15, Bank of America Securities also downgraded the stock to Hold with a CHF44.00 price target.

See the top stocks recommended by analysts >>

Fuchs Petrolub (GB:0LCR)

In a report released yesterday, Oliver Schwarz from Warburg Research downgraded Fuchs Petrolub to Hold, with a price target of EUR51.00. The company’s shares closed yesterday at EUR43.93.

Schwarz has an average return of 10.8% when recommending Fuchs Petrolub.

According to TipRanks.com, Schwarz is ranked #3299 out of 8794 analysts.

Fuchs Petrolub has an analyst consensus of Moderate Buy, with a price target consensus of EUR47.83, which is a 9.6% upside from current levels. In a report issued on April 18, Stifel Nicolaus also maintained a Hold rating on the stock.

Prysmian SpA (GB:0NUX)

Berenberg Bank analyst Bastien Agaud maintained a Buy rating on Prysmian SpA on April 22 and set a price target of EUR58.00. The company’s shares closed yesterday at EUR49.99.

Agaud has an average return of 2.4% when recommending Prysmian SpA.

According to TipRanks.com, Agaud is ranked #4754 out of 8794 analysts.

Prysmian SpA has an analyst consensus of Strong Buy, with a price target consensus of EUR55.00, a 10.6% upside from current levels. In a report issued on April 8, Goldman Sachs also maintained a Buy rating on the stock with a EUR63.00 price target.

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