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Analysts Offer Insights on Industrial Goods Companies: Aris Water Solutions (ARIS) and Global Ship Lease (GSL)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Aris Water Solutions (ARISResearch Report) and Global Ship Lease (GSLResearch Report) with bullish sentiments.

Aris Water Solutions (ARIS)

Raymond James analyst Justin Jenkins maintained a Buy rating on Aris Water Solutions today and set a price target of $22.00. The company’s shares closed last Friday at $17.29.

According to TipRanks.com, Jenkins is a 5-star analyst with an average return of 10.0% and a 62.1% success rate. Jenkins covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Cheniere Energy.

Aris Water Solutions has an analyst consensus of Strong Buy, with a price target consensus of $23.25.

See the top stocks recommended by analysts >>

Global Ship Lease (GSL)

In a report released today, Omar Nokta from Jefferies maintained a Buy rating on Global Ship Lease, with a price target of $25.00. The company’s shares closed last Friday at $19.76.

According to TipRanks.com, Nokta is a 4-star analyst with an average return of 16.1% and a 53.8% success rate. Nokta covers the Industrial Goods sector, focusing on stocks such as ZIM Integrated Shipping Services, Navios Maritime Partners, and Nordic American Tanker.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Global Ship Lease with a $25.00 average price target.

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