There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Allegiant Travel Company (ALGT – Research Report), TopBuild (BLD – Research Report) and Regal Rexnord (RRX – Research Report) with bullish sentiments.
Allegiant Travel Company (ALGT)
In a report released today, Daniel Mckenzie from Seaport Global maintained a Buy rating on Allegiant Travel Company, with a price target of $86.00. The company’s shares closed last Tuesday at $53.89, close to its 52-week low of $51.13.
According to TipRanks.com, Mckenzie is a 1-star analyst with an average return of
Allegiant Travel Company has an analyst consensus of Hold, with a price target consensus of $68.17.
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TopBuild (BLD)
Seaport Global analyst Kenneth Zener initiated coverage with a Buy rating on TopBuild today and set a price target of $440.00. The company’s shares closed last Tuesday at $396.60.
Zener has an average return of
According to TipRanks.com, Zener is ranked #413 out of 8824 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TopBuild with a $467.67 average price target, a 14.1% upside from current levels. In a report released today, Benchmark Co. also initiated coverage with a Buy rating on the stock with a $470.00 price target.
Regal Rexnord (RRX)
Seaport Global analyst Walter Liptak maintained a Buy rating on Regal Rexnord today and set a price target of $180.00. The company’s shares closed last Tuesday at $157.19.
According to TipRanks.com, Liptak is a 4-star analyst with an average return of
Currently, the analyst consensus on Regal Rexnord is a Strong Buy with an average price target of $202.57, a 33.3% upside from current levels. In a report released yesterday, Oppenheimer also maintained a Buy rating on the stock with a $210.00 price target.
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Read More on ALGT:
- ALLEGIANT TRAVEL COMPANY FIRST QUARTER 2024 FINANCIAL RESULTS
- Notable companies reporting before tomorrow’s open
- Allegiant Travel reports Q1 total system passengers down 1.1% y-o-y
- Allegiant Travel reports March total system passengers down 1.6% at 1.65M
- ALGT Upcoming Earnings Report: What to Expect?
