Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Ritchie Bros (RBA – Research Report), Bloom Energy (BE – Research Report) and Norfolk Southern (NSC – Research Report).
Ritchie Bros (RBA)
Robert W. Baird analyst Craig Kennison maintained a Buy rating on Ritchie Bros on May 9 and set a price target of $80.00. The company’s shares closed last Monday at $77.33, close to its 52-week high of $80.67.
According to TipRanks.com, Kennison is a 4-star analyst with an average return of
Ritchie Bros has an analyst consensus of Strong Buy, with a price target consensus of $87.90, representing a 15.0% upside. 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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Bloom Energy (BE)
Robert W. Baird analyst Ben Kallo reiterated a Buy rating on Bloom Energy on May 9 and set a price target of $18.00. The company’s shares closed last Monday at $11.55.
According to TipRanks.com, Kallo is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bloom Energy with a $14.61 average price target, which is a 30.6% upside from current levels. In a report issued on May 9, Evercore ISI also maintained a Buy rating on the stock with a $20.00 price target.
Norfolk Southern (NSC)
Robert W. Baird analyst Garrett Holland maintained a Hold rating on Norfolk Southern on May 9 and set a price target of $260.00. The company’s shares closed last Monday at $230.98.
According to TipRanks.com, Holland is a 3-star analyst with an average return of
Norfolk Southern has an analyst consensus of Moderate Buy, with a price target consensus of $274.36, which is a 18.8% upside from current levels. In a report issued on April 26, Stifel Nicolaus also maintained a Hold rating on the stock with a $241.00 price target.
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