tiprankstipranks
Blurbs

Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: John Bean Technologies (JBT), Arcosa (ACA) and Advanced Energy (AEIS)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on John Bean Technologies (JBTResearch Report), Arcosa (ACAResearch Report) and Advanced Energy (AEISResearch Report).

John Bean Technologies (JBT)

In a report released today, Walter Liptak from Seaport Global assigned a Buy rating to John Bean Technologies, with a price target of $125.00. The company’s shares closed last Thursday at $90.38, close to its 52-week low of $88.03.

According to TipRanks.com, Liptak is a 4-star analyst with an average return of 9.8% and a 58.2% success rate. Liptak covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Gibraltar Industries, and Franklin Electric Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for John Bean Technologies with a $123.00 average price target, representing a 37.4% upside. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $121.00 price target.

See the top stocks recommended by analysts >>

Arcosa (ACA)

D.A. Davidson analyst Brent Thielman maintained a Buy rating on Arcosa today and set a price target of $95.00. The company’s shares closed last Thursday at $77.60.

According to TipRanks.com, Thielman is a top 100 analyst with an average return of 21.5% and a 68.1% success rate. Thielman covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and Babcock & Wilcox Company.

Arcosa has an analyst consensus of Strong Buy, with a price target consensus of $93.33, representing a 21.3% upside. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $90.00 price target.

Advanced Energy (AEIS)

In a report released today, Scott Graham from Seaport Global maintained a Hold rating on Advanced Energy. The company’s shares closed last Thursday at $95.63.

According to TipRanks.com, Graham is a 5-star analyst with an average return of 10.8% and a 59.9% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, nVent Electric, and Hubbell B.

Currently, the analyst consensus on Advanced Energy is a Hold with an average price target of $106.83, a 14.6% upside from current levels. In a report issued on May 1, Wells Fargo also maintained a Hold rating on the stock with a $97.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on JBT:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles