Analysts Offer Insights on Industrial Goods Companies: Alaska Air (ALK), Air Lease (AL) and ZIM Integrated Shipping Services (ZIM)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Alaska Air (ALK – Research Report), Air Lease (AL – Research Report) and ZIM Integrated Shipping Services (ZIM – Research Report).

Alaska Air (ALK)

In a report released today, Andrew Didora from Bank of America Securities reiterated a Buy rating on Alaska Air, with a price target of $50.00. The company’s shares closed last Thursday at $37.42.

According to TipRanks.com, Didora is ranked 0 out of 5 stars with an average return of -9.9% and a 46.2% success rate. Didora covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, United Airlines Holdings, and Frontier Group Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alaska Air with a $48.00 average price target, a 30.4% upside from current levels. In a report issued on January 18, Citi also maintained a Buy rating on the stock with a $51.00 price target.

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Air Lease (AL)

Bank of America Securities analyst Ronald Epstein reiterated a Buy rating on Air Lease today and set a price target of $60.00. The company’s shares closed last Thursday at $42.42.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 6.4% and a 58.9% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Spirit AeroSystems.

Currently, the analyst consensus on Air Lease is a Strong Buy with an average price target of $52.43, implying a 25.4% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $48.00 price target.

ZIM Integrated Shipping Services (ZIM)

Bank of America Securities analyst Muneeba Kayani reiterated a Sell rating on ZIM Integrated Shipping Services today and set a price target of $11.00. The company’s shares closed last Thursday at $13.80.

According to TipRanks.com, Kayani is ranked #6942 out of 8690 analysts.

Currently, the analyst consensus on ZIM Integrated Shipping Services is a Moderate Sell with an average price target of $9.83.

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