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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Shyft Group (SHYF), Transcat (TRNS) and Babcock & Wilcox Company (BW)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Shyft Group (SHYFResearch Report), Transcat (TRNSResearch Report) and Babcock & Wilcox Company (BWResearch Report).

Shyft Group (SHYF)

Craig-Hallum analyst Steven Dyer maintained a Hold rating on Shyft Group today. The company’s shares closed last Friday at $10.66, close to its 52-week low of $9.81.

Dyer has an average return of 27.8% when recommending Shyft Group.

According to TipRanks.com, Dyer is ranked #1036 out of 8786 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Shyft Group with a $12.00 average price target.

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

Transcat (TRNS)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Transcat. The company’s shares closed last Friday at $108.04.

According to TipRanks.com, Palm is a 4-star analyst with an average return of 7.9% and a 46.9% success rate. Palm covers the Technology sector, focusing on stocks such as Sportradar Group AG, SkyWater Technology, and Markforged Holding.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Transcat with a $124.67 average price target, representing a 19.0% upside. In a report issued on April 18, Oppenheimer also maintained a Buy rating on the stock with a $125.00 price target.

Babcock & Wilcox Company (BW)

Craig-Hallum analyst Aaron Spychalla maintained a Hold rating on Babcock & Wilcox Company today. The company’s shares closed last Friday at $0.93, close to its 52-week low of $0.75.

According to TipRanks.com, Spychalla is a 3-star analyst with an average return of 1.5% and a 60.6% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Bowman Consulting Group, American Superconductor, and Ceco Environmental.

Babcock & Wilcox Company has an analyst consensus of Strong Buy, with a price target consensus of $5.50.

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