Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Archer Daniels Midland (ADM – Research Report), Otis Worldwide (OTIS – Research Report) and Element Fleet Management (ELEEF – Research Report).
Archer Daniels Midland (ADM)
In a report released yesterday, Adam Samuelson from Goldman Sachs maintained a Hold rating on Archer Daniels Midland, with a price target of $63.00. The company’s shares closed last Tuesday at $58.66.
According to TipRanks.com, Samuelson is a 3-star analyst with an average return of
Archer Daniels Midland has an analyst consensus of Hold, with a price target consensus of $62.14, representing a 2.2% upside. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $65.00 price target.
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Otis Worldwide (OTIS)
In a report issued on April 29, Nicholas Housden from RBC Capital maintained a Buy rating on Otis Worldwide, with a price target of $110.00. The company’s shares closed last Tuesday at $91.20.
Housden has an average return of
According to TipRanks.com, Housden is ranked #659 out of 8800 analysts.
Otis Worldwide has an analyst consensus of Moderate Buy, with a price target consensus of $103.13.
Element Fleet Management (ELEEF)
RBC Capital analyst Geoffrey Kwan maintained a Buy rating on Element Fleet Management on April 29 and set a price target of C$31.00. The company’s shares closed last Tuesday at $16.01.
According to TipRanks.com, Kwan is a 5-star analyst with an average return of
Element Fleet Management has an analyst consensus of Strong Buy, with a price target consensus of $20.26, implying a 26.8% upside from current levels. In a report released yesterday, Scotiabank also upgraded the stock to Buy with a C$26.00 price target.
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