Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Ritchie Bros (RBA – Research Report), Xometry (XMTR – Research Report) and Paccar (PCAR – Research Report).
Ritchie Bros (RBA)
RBC Capital analyst Sabahat Khan reiterated a Buy rating on Ritchie Bros yesterday and set a price target of $93.00. The company’s shares closed last Thursday at $72.93.
According to TipRanks.com, Khan 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 Ritchie Bros with a $88.17 average price target, a 22.5% upside from current levels. In a report issued on April 24, Scotiabank also maintained a Buy rating on the stock with a $89.00 price target.
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Xometry (XMTR)
RBC Capital analyst Matthew Swanson maintained a Hold rating on Xometry yesterday and set a price target of $23.00. The company’s shares closed last Thursday at $15.75, close to its 52-week low of $12.77.
According to TipRanks.com, Swanson is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xometry with a $25.60 average price target.
Paccar (PCAR)
RBC Capital analyst Nicholas Housden maintained a Hold rating on Paccar yesterday and set a price target of $123.00. The company’s shares closed last Thursday at $108.92.
According to TipRanks.com, Housden is ranked #663 out of 8834 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paccar with a $124.90 average price target, representing a 16.5% upside. In a report issued on May 1, Goldman Sachs also maintained a Hold rating on the stock with a $121.00 price target.
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