Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Covenant Logistics Group (CVLG – Research Report), United Parcel (UPS – Research Report) and Liberty Oilfield Services (LBRT – Research Report).
Covenant Logistics Group (CVLG)
Stifel Nicolaus analyst Bert Subin maintained a Hold rating on Covenant Logistics Group yesterday and set a price target of $29.00. The company’s shares closed last Wednesday at $33.89, close to its 52-week high of $34.75.
According to TipRanks.com, Subin is a 3-star analyst with an average return of
Currently, the analyst consensus on Covenant Logistics Group is a Hold with an average price target of $30.25, a -12.3% downside from current levels. In a report issued on July 26, Cowen & Co. also reiterated a Hold rating on the stock with a $31.50 price target.
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United Parcel (UPS)
In a report released yesterday, J. Bruce Chan from Stifel Nicolaus maintained a Buy rating on United Parcel, with a price target of $227.00. The company’s shares closed last Wednesday at $183.90.
According to TipRanks.com, Chan is a 2-star analyst with an average return of
Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $208.62, implying a 14.1% upside from current levels. In a report issued on July 12, Evercore ISI also initiated coverage with a Buy rating on the stock with a $227.00 price target.
Liberty Oilfield Services (LBRT)
In a report released yesterday, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Liberty Oilfield Services, with a price target of $24.00. The company’s shares closed last Wednesday at $14.45.
According to TipRanks.com, Gengaro is a 4-star analyst with an average return of
Liberty Oilfield Services has an analyst consensus of Moderate Buy, with a price target consensus of $22.00, which is a 54.5% upside from current levels. In a report released yesterday, RBC Capital also upgraded the stock to Buy with a $25.00 price target.
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