Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Joby Aviation (JOBY – Research Report), Parker Hannifin (PH – Research Report) and Deere (DE – Research Report).
Joby Aviation (JOBY)
In a report released today, David Zazula from Barclays maintained a Hold rating on Joby Aviation, with a price target of $6.00. The company’s shares closed last Thursday at $5.02, close to its 52-week low of $4.50.
According to TipRanks.com, Zazula is ranked #2663 out of 8864 analysts.
Joby Aviation has an analyst consensus of Hold, with a price target consensus of $6.50, which is a 26.5% upside from current levels. In a report issued on May 3, J.P. Morgan also upgraded the stock to Hold with a $5.00 price target.
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Parker Hannifin (PH)
Barclays analyst Julian Mitchell maintained a Buy rating on Parker Hannifin today and set a price target of $618.00. The company’s shares closed last Thursday at $539.49, close to its 52-week high of $570.15.
According to TipRanks.com, Mitchell is a top 100 analyst with an average return of
Currently, the analyst consensus on Parker Hannifin is a Strong Buy with an average price target of $603.33, a 9.4% upside from current levels. In a report issued on May 2, Robert W. Baird also maintained a Buy rating on the stock with a $622.00 price target.
Deere (DE)
Barclays analyst Adam Seiden maintained a Buy rating on Deere today and set a price target of $400.00. The company’s shares closed last Thursday at $394.43.
According to TipRanks.com, Seiden is a 5-star analyst with an average return of
Deere has an analyst consensus of Moderate Buy, with a price target consensus of $421.17, which is a 3.5% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $440.00 price target.
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Read More on JOBY:
- Joby Aviation reports Q1 EPS (14c), consensus (17c)
- Joby Aviation upgraded to Neutral from Underweight at JPMorgan
- Joby Aviation completes pre-production flight test program
- Joby Aviation expands California manufacturing facility
- Joby Aviation partners with Abu Dhabi to establish electric air taxi ecosystem
