Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on NEL ASA (NLLSF – Research Report) and Proto Labs (PRLB – Research Report).
NEL ASA (NLLSF)
In a report released yesterday, James Carmichael from Berenberg Bank maintained a Buy rating on NEL ASA, with a price target of NOK19.00. The company’s shares closed last Tuesday at $1.79.
According to TipRanks.com, Carmichael is ranked #4339 out of 8020 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NEL ASA with a $1.77 average price target, implying a 31.1% upside from current levels. In a report issued on August 10, RBC Capital also maintained a Buy rating on the stock with a NOK23.00 price target.
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Proto Labs (PRLB)
In a report released yesterday, Jared Maymon from Berenberg Bank maintained a Hold rating on Proto Labs, with a price target of $49.00. The company’s shares closed last Tuesday at $40.60, close to its 52-week low of $39.36.
According to TipRanks.com, Maymon is ranked #6944 out of 8020 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Proto Labs with a $45.50 average price target, which is a 9.5% upside from current levels. In a report issued on August 8, Craig-Hallum also maintained a Hold rating on the stock with a $42.00 price target.
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Read More on NLLSF:
- Berenberg Bank Sticks to Their Buy Rating for Crayon Group Holding ASA (CRAYF)
- CureVac (CVAC) Receives a Buy from Berenberg Bank
- Berenberg Bank Keeps Their Hold Rating on McPhy Energy SA (MPHYF)
- Analysts’ Top Consumer Goods Picks: Williams-Sonoma (WSM), Monster Beverage (MNST)
- Analysts Are Bullish on Top Financial Stocks: International General Insurance Holdings (IGIC), Welltower (WELL)
