Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Eaton (ETN – Research Report) and Air Canada (ACDVF – Research Report).
Eaton (ETN)
Bank of America Securities analyst Andrew Obin reiterated a Buy rating on Eaton today and set a price target of $340.00. The company’s shares closed last Friday at $324.30, close to its 52-week high of $331.47.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eaton with a $326.20 average price target, which is a 2.5% upside from current levels. In a report issued on April 21, RBC Capital also maintained a Buy rating on the stock with a $373.00 price target.
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Air Canada (ACDVF)
RBC Capital analyst James McGarragle CFA maintained a Hold rating on Air Canada on April 26 and set a price target of C$18.00. The company’s shares closed last Friday at $14.65.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
Currently, the analyst consensus on Air Canada is a Strong Buy with an average price target of $22.95.
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Read More on ETN:
- ETN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Nordson names Daniel Hopgood EVP CFO, effective May 20
- Eaton Announces Senior VP Controller Resignation and Successor
- Seaport power transmission analyst holds analyst/industry conference call
- Eaton call volume above normal and directionally bullish
