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Analysts Offer Insights on Industrial Goods Companies: Genco Shipping (GNK) and Mueller Water Products (MWA)

Analysts fell to the sidelines weighing in on Genco Shipping (GNKResearch Report) and Mueller Water Products (MWAResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Genco Shipping (GNK)

In a report released yesterday, Gregory Lewis from BTIG maintained a Hold rating on Genco Shipping. The company’s shares closed last Thursday at $17.82.

According to TipRanks.com, Lewis has 0 stars on 0-5 stars ranking scale with an average return of -3.3% and a 43.3% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Eagle Bulk Shipping, Golden Ocean Group, and FTAI Aviation.

Genco Shipping has an analyst consensus of Moderate Buy, with a price target consensus of $19.00, which is a 7.0% upside from current levels. In a report issued on January 29, Cleaves Securities also maintained a Hold rating on the stock with a $16.00 price target.

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

Mueller Water Products (MWA)

Oppenheimer analyst Bryan Blair maintained a Hold rating on Mueller Water Products yesterday. The company’s shares closed last Thursday at $13.89.

According to TipRanks.com, Blair is a top 100 analyst with an average return of 20.5% and a 70.3% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Lincoln Electric Holdings, and A. O. Smith Corporation.

The word on The Street in general, suggests a Hold analyst consensus rating for Mueller Water Products with a $14.50 average price target.

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