Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Emerson Electric Company (EMR – Research Report), Montrose Environmental Group (MEG – Research Report) and Louisiana-Pacific (LPX – Research Report).
Emerson Electric Company (EMR)
In a report released yesterday, Joe O’Dea from Wells Fargo maintained a Buy rating on Emerson Electric Company, with a price target of $133.00. The company’s shares closed last Wednesday at $112.65, close to its 52-week high of $115.26.
According to TipRanks.com, O’Dea is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Emerson Electric Company with a $128.90 average price target, which is a 23.7% upside from current levels. In a report released yesterday, Deutsche Numis also upgraded the stock to Buy with a $138.00 price target.
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Montrose Environmental Group (MEG)
In a report released yesterday, Andrew Obin from Bank of America Securities reiterated a Buy rating on Montrose Environmental Group, with a price target of $52.00. The company’s shares closed last Wednesday at $43.27.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
Currently, the analyst consensus on Montrose Environmental Group is a Strong Buy with an average price target of $51.00.
Louisiana-Pacific (LPX)
Bank of America Securities analyst George Staphos reiterated a Sell rating on Louisiana-Pacific yesterday and set a price target of $70.00. The company’s shares closed last Wednesday at $88.14, close to its 52-week high of $88.16.
According to TipRanks.com, Staphos is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Louisiana-Pacific with a $80.50 average price target.
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