There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Granite Construction (GVA – Research Report) and Babcock & Wilcox Company (BW – Research Report) with bullish sentiments.
Granite Construction (GVA)
In a report released today, Brent Thielman from D.A. Davidson maintained a Buy rating on Granite Construction. The company’s shares closed last Friday at $62.21, close to its 52-week high of $64.33.
According to TipRanks.com, Thielman is a top 100 analyst with an average return of
Granite Construction has an analyst consensus of Hold, with a price target consensus of $55.00.
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Babcock & Wilcox Company (BW)
Lake Street analyst Robert Brown maintained a Buy rating on Babcock & Wilcox Company today and set a price target of $8.00. The company’s shares closed last Friday at $1.23, close to its 52-week low of $0.75.
According to TipRanks.com, Brown is a 5-star analyst with an average return of
Currently, the analyst consensus on Babcock & Wilcox Company is a Strong Buy with an average price target of $6.50, representing a 437.2% upside. In a report issued on May 13, D.A. Davidson also maintained a Buy rating on the stock.
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Read More on GVA:
- Granite Construction CFO Retires, Successor Appointed
- Granite appoints Staci Woolsey to succeed Lisa Curtis as CFO
- Granite secures $25M contract from McDonald Property Group near Ontario airport
- Granite price target raised to $70 from $64 at DA Davidson
- Granite still sees 2024 revenue $3.8B-$4.0B, consensus $3.88B
