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Analysts Are Bullish on Top Industrial Goods Stocks: Curtiss-Wright (CW), Chart Industries (GTLS)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Curtiss-Wright (CWResearch Report), Chart Industries (GTLSResearch Report) and Beacon Roofing Supply (BECNResearch Report) with bullish sentiments.

Curtiss-Wright (CW)

Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on Curtiss-Wright yesterday and set a price target of $293.00. The company’s shares closed last Wednesday at $274.24, close to its 52-week high of $279.79.

According to TipRanks.com, Jones is a top 100 analyst with an average return of 16.9% and a 66.4% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and A. O. Smith Corporation.

Curtiss-Wright has an analyst consensus of Strong Buy, with a price target consensus of $285.80, a 3.3% upside from current levels. In a report issued on May 2, Robert W. Baird also maintained a Buy rating on the stock with a $300.00 price target.

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

Chart Industries (GTLS)

Stifel Nicolaus analyst Benjamin Nolan maintained a Buy rating on Chart Industries on May 6 and set a price target of $220.00. The company’s shares closed last Wednesday at $156.90.

According to TipRanks.com, Nolan is a top 100 analyst with an average return of 20.3% and a 67.5% success rate. Nolan covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Star Bulk Carriers.

Currently, the analyst consensus on Chart Industries is a Moderate Buy with an average price target of $197.73, representing a 24.5% upside. In a report issued on May 6, TD Cowen also maintained a Buy rating on the stock with a $265.00 price target.

Beacon Roofing Supply (BECN)

Stifel Nicolaus analyst Stanley Elliott maintained a Buy rating on Beacon Roofing Supply yesterday and set a price target of $130.00. The company’s shares closed last Wednesday at $92.28.

According to TipRanks.com, Elliott is a top 100 analyst with an average return of 19.3% and a 70.6% success rate. Elliott covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Janus International Group, and Concrete Pumping Holdings.

Currently, the analyst consensus on Beacon Roofing Supply is a Strong Buy with an average price target of $115.89, implying a 24.4% upside from current levels. In a report issued on May 2, Robert W. Baird also maintained a Buy rating on the stock with a $117.00 price target.

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