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Analysts Are Bullish on These Industrial Goods Stocks: Generac Holdings (GNRC), CNH Industrial (CNHI)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Generac Holdings (GNRCResearch Report), CNH Industrial (CNHIResearch Report) and Valmont (VMIResearch Report) with bullish sentiments.

Generac Holdings (GNRC)

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Generac Holdings, with a price target of $145.00. The company’s shares closed last Wednesday at $127.63.

According to TipRanks.com, Gengaro is a 3-star analyst with an average return of 2.2% and a 38.3% success rate. Gengaro covers the NA sector, focusing on stocks such as Solaris Oilfield Infrastructure, Liberty Oilfield Services, and Oil States International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generac Holdings with a $139.00 average price target, implying a -0.7% downside from current levels. In a report issued on April 22, Piper Sandler also maintained a Buy rating on the stock with a $150.00 price target.

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CNH Industrial (CNHI)

Robert W. Baird analyst Mircea Dobre maintained a Buy rating on CNH Industrial today and set a price target of $16.00. The company’s shares closed last Wednesday at $11.33.

According to TipRanks.com, Dobre is a 5-star analyst with an average return of 11.4% and a 49.7% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Lincoln Electric Holdings, and John Bean Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CNH Industrial with a $13.94 average price target, representing a 22.5% upside. In a report issued on April 22, Barclays also maintained a Buy rating on the stock with a $16.00 price target.

Valmont (VMI)

In a report released today, Nathan Jones from Stifel Nicolaus maintained a Buy rating on Valmont, with a price target of $249.00. The company’s shares closed last Wednesday at $207.70, close to its 52-week low of $188.63.

According to TipRanks.com, Jones is a top 100 analyst with an average return of 16.0% and a 64.7% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and A. O. Smith Corporation.

Valmont has an analyst consensus of Strong Buy, with a price target consensus of $254.67, implying a 24.6% upside from current levels. In a report released today, D.A. Davidson also maintained a Buy rating on the stock with a $275.00 price target.

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