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Analysts Offer Insights on Industrial Goods Companies: Babcock & Wilcox Company (BW), Lion Electric Company (LEV) and Crane NXT (CXT)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Babcock & Wilcox Company (BWResearch Report), Lion Electric Company (LEVResearch Report) and Crane NXT (CXTResearch Report) with bullish sentiments.

Babcock & Wilcox Company (BW)

In a report released today, Brent Thielman from D.A. Davidson maintained a Buy rating on Babcock & Wilcox Company. The company’s shares closed last Friday at $1.29, close to its 52-week low of $0.75.

According to TipRanks.com, Thielman is a top 100 analyst with an average return of 22.3% and a 70.2% success rate. Thielman covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and Bowman Consulting Group.

Babcock & Wilcox Company has an analyst consensus of Strong Buy, with a price target consensus of $4.83, representing a 316.4% upside. In a report issued on May 10, Lake Street also assigned a Buy rating to the stock with a $8.00 price target.

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

Lion Electric Company (LEV)

D.A. Davidson analyst Michael Shlisky maintained a Buy rating on Lion Electric Company today and set a price target of $1.50. The company’s shares closed last Friday at $0.90, close to its 52-week low of $0.88.

According to TipRanks.com, Shlisky is a 1-star analyst with an average return of -1.2% and a 38.4% success rate. Shlisky covers the Industrial Goods sector, focusing on stocks such as Custom Truck One Source, Standex International, and The Toro Company.

The word on The Street in general, suggests a Hold analyst consensus rating for Lion Electric Company with a $1.96 average price target.

Crane NXT (CXT)

In a report released today, Matt Summerville from D.A. Davidson maintained a Buy rating on Crane NXT, with a price target of $100.00. The company’s shares closed last Friday at $60.24.

According to TipRanks.com, Summerville is a 4-star analyst with an average return of 8.7% and a 55.3% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as Napco Security Technologies, Franklin Electric Co, and Alta Equipment Group.

Currently, the analyst consensus on Crane NXT is a Strong Buy with an average price target of $87.00, representing a 43.1% upside. In a report issued on May 9, Northland Securities also maintained a Buy rating on the stock with a $91.00 price target.

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