There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Element Fleet Management (ELEEF – Research Report) and Aspen Aerogels (ASPN – Research Report) with bullish sentiments.
Element Fleet Management (ELEEF)
BMO Capital analyst Tom Mackinnon maintained a Buy rating on Element Fleet Management yesterday and set a price target of C$26.00. The company’s shares closed last Monday at $16.49.
According to TipRanks.com, Mackinnon is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Element Fleet Management with a $20.22 average price target, representing a 22.8% upside. In a report issued on April 30, Scotiabank also upgraded the stock to Buy with a C$26.00 price target.
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Aspen Aerogels (ASPN)
In a report released today, Alexander Potter from Piper Sandler maintained a Buy rating on Aspen Aerogels, with a price target of $30.00. The company’s shares closed last Monday at $27.33, close to its 52-week high of $27.46.
According to TipRanks.com, Potter is a 5-star analyst with an average return of
Aspen Aerogels has an analyst consensus of Strong Buy, with a price target consensus of $28.11, which is a 3.0% upside from current levels. In a report issued on May 2, Oppenheimer also maintained a Buy rating on the stock with a $24.00 price target.
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