There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Gentex (GNTX – Research Report), Plains All American (PAA – Research Report) and Simpson Manufacturing Co (SSD – Research Report) with bullish sentiments.
Gentex (GNTX)
Robert W. Baird analyst Luke Junk maintained a Buy rating on Gentex on July 22 and set a price target of $33.00. The company’s shares closed last Tuesday at $27.41, close to its 52-week low of $26.16.
According to TipRanks.com, Junk is a 1-star analyst with an average return of
Gentex has an analyst consensus of Moderate Buy, with a price target consensus of $31.20, representing a 14.8% upside. In a report issued on July 25, B.Riley Financial also maintained a Buy rating on the stock with a $35.00 price target.
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Plains All American (PAA)
Mizuho Securities analyst Gabe Moreen maintained a Buy rating on Plains All American on July 22 and set a price target of $14.00. The company’s shares closed last Tuesday at $10.76.
According to TipRanks.com, Moreen is a 4-star analyst with an average return of
Plains All American has an analyst consensus of Moderate Buy, with a price target consensus of $13.75, representing a 26.0% upside. In a report issued on July 8, UBS also maintained a Buy rating on the stock with a $17.00 price target.
Simpson Manufacturing Co (SSD)
Robert W. Baird analyst Timothy Wojs maintained a Buy rating on Simpson Manufacturing Co on July 25 and set a price target of $125.00. The company’s shares closed last Tuesday at $104.36.
According to TipRanks.com, Wojs is a 1-star analyst with an average return of
Currently, the analyst consensus on Simpson Manufacturing Co is a Moderate Buy with an average price target of $125.00.
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