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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Xylem (XYL), GFL Environmental (GFL) and Air Canada (OtherACDVF)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Xylem (XYLResearch Report), GFL Environmental (GFLResearch Report) and Air Canada (ACDVFResearch Report).

Xylem (XYL)

In a report released yesterday, Deane Dray from RBC Capital maintained a Buy rating on Xylem, with a price target of $162.00. The company’s shares closed last Thursday at $135.99.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 14.9% and a 62.7% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.

Xylem has an analyst consensus of Strong Buy, with a price target consensus of $142.18, representing a 7.4% upside. In a report issued on April 18, Oppenheimer also maintained a Buy rating on the stock with a $142.00 price target.

See the top stocks recommended by analysts >>

GFL Environmental (GFL)

In a report released yesterday, Sabahat Khan from RBC Capital assigned a Buy rating to GFL Environmental, with a price target of $46.00. The company’s shares closed last Thursday at $33.44.

According to TipRanks.com, Khan is a 4-star analyst with an average return of 5.6% and a 52.3% success rate. Khan covers the Industrial Goods sector, focusing on stocks such as Republic Services, Waste Connections, and Jacobs Solutions.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GFL Environmental with a $41.98 average price target, implying a 28.9% upside from current levels. In a report issued on April 22, National Bank also maintained a Buy rating on the stock with a C$55.00 price target.

Air Canada (ACDVF)

RBC Capital analyst James McGarragle CFA reiterated a Hold rating on Air Canada yesterday and set a price target of C$18.00. The company’s shares closed last Thursday at $13.70.

According to TipRanks.com, CFA is a 3-star analyst with an average return of 3.8% and a 64.3% success rate. CFA covers the Industrial Goods sector, focusing on stocks such as Russel Metals, Bombardier, and CAE.

Air Canada has an analyst consensus of Strong Buy, with a price target consensus of $22.91.

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