Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on ArcBest (ARCB – Research Report), Eaton (ETN – Research Report) and Armstrong World (AWI – Research Report).
ArcBest (ARCB)
Goldman Sachs analyst Jordan Alliger maintained a Hold rating on ArcBest on April 30 and set a price target of $138.00. The company’s shares closed last Wednesday at $108.36.
According to TipRanks.com, Alliger is a 4-star analyst with an average return of
Currently, the analyst consensus on ArcBest is a Moderate Buy with an average price target of $154.22, representing a 40.4% upside. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $126.00 price target.
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Eaton (ETN)
In a report issued on April 30, Joe Ritchie from Goldman Sachs maintained a Buy rating on Eaton, with a price target of $344.00. The company’s shares closed last Wednesday at $312.03, close to its 52-week high of $333.06.
According to TipRanks.com, Ritchie is a 5-star analyst with an average return of
Currently, the analyst consensus on Eaton is a Moderate Buy with an average price target of $334.69, a 5.0% upside from current levels. In a report issued on April 16, Bank of America Securities also maintained a Buy rating on the stock.
Armstrong World (AWI)
In a report issued on April 30, Susan Maklari from Goldman Sachs maintained a Buy rating on Armstrong World, with a price target of $134.00. The company’s shares closed last Wednesday at $114.12.
According to TipRanks.com, Maklari is a 4-star analyst with an average return of
Armstrong World has an analyst consensus of Moderate Buy, with a price target consensus of $126.75, implying a 10.2% upside from current levels. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock.
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Read More on ARCB:
- ArcBest reports Q1 adjusted EPS $1.34, consensus $1.53
- ArcBest price target raised to $143 from $141 at BofA
- ArcBest price target raised to $163 from $150 at Wolfe Research
- ArcBest price target lowered to $164 from $168 at JPMorgan
- JPMorgan Suggest 3 LTL Stocks to Buy Amidst Industry Market Share Shift
