Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Textron (TXT – Research Report), Plug Power (PLUG – Research Report) and Applied Industrial Technologies (AIT – Research Report).
Textron (TXT)
In a report issued on April 25, Peter Arment from Robert W. Baird maintained a Buy rating on Textron, with a price target of $109.00. The company’s shares closed last Monday at $86.40.
According to TipRanks.com, Arment is a 5-star analyst with an average return of
Textron has an analyst consensus of Strong Buy, with a price target consensus of $102.88, representing a 19.4% upside. In a report issued on April 15, Barclays also maintained a Buy rating on the stock with a $104.00 price target.
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Plug Power (PLUG)
KeyBanc analyst Sangita Jain maintained a Hold rating on Plug Power today. The company’s shares closed last Monday at $2.40, close to its 52-week low of $2.25.
According to TipRanks.com, Jain is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Plug Power with a $5.38 average price target, which is an 114.3% upside from current levels. In a report issued on April 23, Truist Financial also reiterated a Hold rating on the stock with a $4.00 price target.
Applied Industrial Technologies (AIT)
In a report issued on April 25, David Manthey from Robert W. Baird maintained a Buy rating on Applied Industrial Technologies, with a price target of $205.00. The company’s shares closed last Monday at $184.73.
According to TipRanks.com, Manthey is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Applied Industrial Technologies with a $218.33 average price target, implying a 20.0% upside from current levels. In a report issued on April 11, KeyBanc also maintained a Buy rating on the stock with a $210.00 price target.
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