There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Graincorp Limited Class A (GRCLF – Research Report), LEGRAND (GB:0MW7 – Research Report) and Bloom Energy (BE – Research Report) with bullish sentiments.
Graincorp Limited Class A (GRCLF)
In a report released yesterday, Macquarie from Macquarie maintained a Buy rating on Graincorp Limited Class A, with a price target of A$9.02. The company’s shares closed last Tuesday at $5.17.
The word on The Street in general, suggests a Hold analyst consensus rating for Graincorp Limited Class A with a $5.48 average price target, which is a 3.2% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a A$9.10 price target.
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LEGRAND (GB:0MW7)
Berenberg Bank analyst Phil Buller maintained a Buy rating on LEGRAND on May 3 and set a price target of EUR111.00. The company’s shares closed yesterday at EUR95.96.
According to TipRanks.com, Buller 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 LEGRAND with an EUR101.50 average price target, implying a 5.8% upside from current levels. In a report issued on April 23, Goldman Sachs also upgraded the stock to Buy with a EUR112.00 price target.
Bloom Energy (BE)
In a report issued on April 22, Andrew Percoco from Morgan Stanley reiterated a Buy rating on Bloom Energy, with a price target of $22.00. The company’s shares closed last Tuesday at $11.77.
According to TipRanks.com, Percoco is a 1-star analyst with an average return of
Bloom Energy has an analyst consensus of Moderate Buy, with a price target consensus of $14.82, which is a 21.5% upside from current levels. In a report issued on April 10, RBC Capital also maintained a Buy rating on the stock with a $14.00 price target.
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