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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: 3M (MMM) and AeroVironment (AVAV)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on 3M (MMMResearch Report) and AeroVironment (AVAVResearch Report).

3M (MMM)

In a report released yesterday, Brett Linzey from Mizuho Securities maintained a Hold rating on 3M, with a price target of $120.00. The company’s shares closed last Wednesday at $102.79.

According to TipRanks.com, Linzey is a 4-star analyst with an average return of 6.7% and a 63.0% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker.

Currently, the analyst consensus on 3M is a Hold with an average price target of $104.91, which is a 3.2% upside from current levels. In a report issued on November 29, Bank of America Securities also maintained a Hold rating on the stock with a $120.00 price target.

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

AeroVironment (AVAV)

Robert W. Baird analyst Peter Arment maintained a Buy rating on AeroVironment yesterday and set a price target of $152.00. The company’s shares closed last Wednesday at $126.89.

According to TipRanks.com, Arment is a 5-star analyst with an average return of 10.2% and a 64.9% success rate. Arment covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Raytheon Technologies, and L3Harris Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AeroVironment with a $144.00 average price target, which is an 8.3% upside from current levels. In a report issued on November 30, RBC Capital also maintained a Buy rating on the stock with a $150.00 price target.

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