There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Crane Company (CR – Research Report) and Arcosa (ACA – Research Report) with bullish sentiments.
Crane Company (CR)
D.A. Davidson analyst Matt Summerville maintained a Buy rating on Crane Company today and set a price target of $160.00. The company’s shares closed last Thursday at $145.58, close to its 52-week high of $150.02.
According to TipRanks.com, Summerville is a 4-star analyst with an average return of
Crane Company has an analyst consensus of Strong Buy, with a price target consensus of $155.00, representing a 4.1% upside. In a report issued on May 15, Stifel Nicolaus also maintained a Buy rating on the stock with a $157.00 price target.
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Arcosa (ACA)
In a report released today, Brent Thielman from D.A. Davidson maintained a Buy rating on Arcosa, with a price target of $110.00. The company’s shares closed last Thursday at $86.82, close to its 52-week high of $89.44.
According to TipRanks.com, Thielman is a top 100 analyst with an average return of
Arcosa has an analyst consensus of Strong Buy, with a price target consensus of $98.33, which is a 10.5% upside from current levels. In a report issued on May 3, Oppenheimer also maintained a Buy rating on the stock with a $90.00 price target.
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