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Analysts Conflicted on These Industrial Goods Names: Keppel Corporation Limited (SG:BN4), ABB Ltd (GB:0NX2) and Salzgitter (GB:0G77)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Keppel Corporation Limited (SG:BN4Research Report), ABB Ltd (GB:0NX2Research Report) and Salzgitter (GB:0G77Research Report).

Keppel Corporation Limited (SG:BN4)

In a report released yesterday, Pei Hwa Ho from DBS maintained a Buy rating on Keppel Corporation Limited, with a price target of S$9.00. The company’s shares closed yesterday at S$6.74.

Ho has an average return of 14.9% when recommending Keppel Corporation Limited.

According to TipRanks.com, Ho is ranked #1781 out of 8841 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Keppel Corporation Limited with a S$8.61 average price target.

See today’s best-performing stocks on TipRanks >>

ABB Ltd (GB:0NX2)

Jefferies analyst Simon Toennessen maintained a Hold rating on ABB Ltd yesterday and set a price target of CHF44.00. The company’s shares closed yesterday at CHF47.61.

According to TipRanks.com, Toennessen is ranked #3998 out of 8841 analysts.

Currently, the analyst consensus on ABB Ltd is a Hold with an average price target of CHF42.50, which is a -9.6% downside from current levels. In a report issued on May 2, Berenberg Bank also maintained a Hold rating on the stock with a CHF37.00 price target.

Salzgitter (GB:0G77)

DZ BANK AG analyst Dirk Schlamp maintained a Hold rating on Salzgitter yesterday. The company’s shares closed yesterday at EUR22.02, close to its 52-week high of EUR23.50.

Schlamp has an average return of 5.3% when recommending Salzgitter.

According to TipRanks.com, Schlamp is ranked #3208 out of 8841 analysts.

Currently, the analyst consensus on Salzgitter is a Hold with an average price target of EUR28.62, representing a 26.9% upside. In a report issued on May 7, Jefferies also maintained a Hold rating on the stock with a EUR27.00 price target.

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