Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Stoneridge (SRI), VirTra (VTSI) and Beam Global (BEEM)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Stoneridge (SRI – Research Report), VirTra (VTSI – Research Report) and Beam Global (BEEM – Research Report).

Stoneridge (SRI)

In a report released today, Gary Prestopino from Barrington maintained a Hold rating on Stoneridge, with a price target of $25.00. The company’s shares closed last Wednesday at $19.79.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 38.1% and a 60.4% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, PowerFleet, and AutoWeb.

The word on The Street in general, suggests a Hold analyst consensus rating for Stoneridge with a $25.00 average price target.

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VirTra (VTSI)

In a report released yesterday, Allen Klee from Maxim Group reiterated a Buy rating on VirTra, with a price target of $12.00. The company’s shares closed last Wednesday at $5.08, close to its 52-week low of $4.41.

According to TipRanks.com, Klee is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -24.1% and a 19.9% success rate. Klee covers the Technology sector, focusing on stocks such as CareCloud, Inc., Iveda Solutions, and Mitek Systems.

Currently, the analyst consensus on VirTra is a Moderate Buy with an average price target of $12.00.

Beam Global (BEEM)

In a report released yesterday, Tate Sullivan from Maxim Group reiterated a Buy rating on Beam Global, with a price target of $50.00. The company’s shares closed last Wednesday at $16.18.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 15.1% and a 42.5% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Seanergy Maritime, and Globus Maritime.

Currently, the analyst consensus on Beam Global is a Strong Buy with an average price target of $32.67.

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