There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on GXO Logistics (GXO – Research Report) and Sany Heavy Equipment International Holdings Co (SNYYF – Research Report) with bullish sentiments.
GXO Logistics (GXO)
In a report released today, Ravi Shanker from Morgan Stanley initiated coverage with a Buy rating on GXO Logistics and a price target of $70.00. The company’s shares closed last Monday at $52.84.
According to TipRanks.com, Shanker is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GXO Logistics with a $67.82 average price target, a 26.7% upside from current levels. In a report issued on April 29, Stifel Nicolaus also maintained a Buy rating on the stock with a $74.00 price target.
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Sany Heavy Equipment International Holdings Co (SNYYF)
CMB International Securities analyst Wayne Fung maintained a Buy rating on Sany Heavy Equipment International Holdings Co today and set a price target of HK$8.00. The company’s shares closed last Friday at $0.61, close to its 52-week low of $0.61.
According to TipRanks.com, Fung is a 1-star analyst with an average return of
Currently, the analyst consensus on Sany Heavy Equipment International Holdings Co is a Moderate Buy with an average price target of $1.02.
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