Analysts Offer Insights on Industrial Goods Companies: Navigator Holdings (NVGS), Schneider National (SNDR) and RBC Bearings (RBC)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Navigator Holdings (NVGS – Research Report), Schneider National (SNDR – Research Report) and RBC Bearings (RBC – Research Report) with bullish sentiments.

Navigator Holdings (NVGS)

In a report released today, Omar Nokta from Jefferies maintained a Buy rating on Navigator Holdings, with a price target of $18.00. The company’s shares closed last Monday at $13.14.

According to TipRanks.com, Nokta is a 4-star analyst with an average return of 12.3% and a 51.2% success rate. Nokta covers the Industrial Goods sector, focusing on stocks such as ZIM Integrated Shipping Services, Nordic American Tanker, and International Seaways.

Currently, the analyst consensus on Navigator Holdings is a Moderate Buy with an average price target of $18.00.

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Schneider National (SNDR)

Stifel Nicolaus analyst Bert Subin maintained a Buy rating on Schneider National today and set a price target of $33.00. The company’s shares closed last Monday at $26.13.

According to TipRanks.com, Subin is a 2-star analyst with an average return of 1.2% and a 50.0% success rate. Subin covers the Industrial Goods sector, focusing on stocks such as Covenant Logistics Group, Knight Transportation, and AerSale Corporation.

Schneider National has an analyst consensus of Moderate Buy, with a price target consensus of $32.57.

RBC Bearings (RBC)

Morgan Stanley analyst Kristine Liwag maintained a Buy rating on RBC Bearings today and set a price target of $286.00. The company’s shares closed last Monday at $216.97.

According to TipRanks.com, Liwag is a 3-star analyst with an average return of 2.8% and a 54.8% success rate. Liwag covers the Technology sector, focusing on stocks such as Virgin Galactic Holdings, Raytheon Technologies, and Teledyne Technologies.

RBC Bearings has an analyst consensus of Hold, with a price target consensus of $264.33, which is a 22.4% upside from current levels. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock with a $263.00 price target.

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Read More on NVGS:

• Navigator Holdings Ltd. Preliminary First Quarter 2023 Results (Unaudited)
• Navigator Holdings Ltd. Announces Change to Chief Financial Officer
• NVGS Upcoming Earnings Report: What to Expect?
• Navigator Holdings enters secured term loan facility agreement
• Navigator Holdings Ltd. Announces Innovative Gender Diversity Linked Loan Facility Agreement