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Analysts Offer Insights on Industrial Goods Companies: Ballard Power Systems (BLDP) and Navigator Holdings (NVGS)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Ballard Power Systems (BLDPResearch Report) and Navigator Holdings (NVGSResearch Report).

Ballard Power Systems (BLDP)

In a report released yesterday, Sam Burwell from Jefferies maintained a Hold rating on Ballard Power Systems, with a price target of $5.50. The company’s shares closed last Monday at $5.05, close to its 52-week low of $4.43.

According to TipRanks.com, Burwell is ranked #499 out of 8338 analysts.

Currently, the analyst consensus on Ballard Power Systems is a Hold with an average price target of $5.32, a 7.9% upside from current levels. In a report issued on March 15, Truist Financial also maintained a Hold rating on the stock with a $6.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Navigator Holdings (NVGS)

Jefferies analyst Omar Nokta maintained a Buy rating on Navigator Holdings yesterday and set a price target of $15.00. The company’s shares closed last Monday at $12.96.

According to TipRanks.com, Nokta is a 5-star analyst with an average return of 15.9% and a 53.7% success rate. Nokta covers the Industrial Goods sector, focusing on stocks such as ZIM Integrated Shipping Services, Nordic American Tanker, and International Seaways.

Navigator Holdings has an analyst consensus of Hold.

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