There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Ameresco (AMRC – Research Report), Helios Technologies (HLIO – Research Report) and Genco Shipping (GNK – Research Report) with bullish sentiments.
Ameresco (AMRC)
In a report issued on May 10, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Ameresco, with a price target of $32.00. The company’s shares closed last Friday at $27.62.
According to TipRanks.com, Gengaro is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ameresco with a $34.78 average price target, implying a 21.3% upside from current levels. In a report issued on May 7, Canaccord Genuity also maintained a Buy rating on the stock with a $36.00 price target.
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Helios Technologies (HLIO)
In a report issued on May 10, Nathan Jones from Stifel Nicolaus maintained a Buy rating on Helios Technologies, with a price target of $68.00. The company’s shares closed last Friday at $51.11.
According to TipRanks.com, Jones is a top 100 analyst with an average return of
Currently, the analyst consensus on Helios Technologies is a Strong Buy with an average price target of $61.33, implying a 18.9% upside from current levels. In a report issued on May 9, KeyBanc also maintained a Buy rating on the stock with a $58.00 price target.
Genco Shipping (GNK)
Stifel Nicolaus analyst Benjamin Nolan maintained a Buy rating on Genco Shipping on May 10 and set a price target of $26.00. The company’s shares closed last Friday at $22.84, close to its 52-week high of $23.43.
According to TipRanks.com, Nolan is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Genco Shipping with a $24.90 average price target, which is an 8.3% upside from current levels. In a report issued on May 10, B.Riley Financial also maintained a Buy rating on the stock with a $30.00 price target.
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Read More on AMRC:
- Ameresco price target raised to $32 from $28 at Baird
- Ameresco sees FY24 adjusted EPS $1.30-$1.50, consensus $1.39
- Ameresco reports Q1 adjusted EPS (10c), consensus (11c)
- Ameresco, Inc. (AMRC) Q1 Earnings Cheat Sheet
- Down More Than 40%: Analysts Say These 2 Beaten-Down Stocks Are Poised for a Rebound
