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Analysts’ Top Industrial Goods Picks: Emcor Group (EME), Valmont (VMI)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Emcor Group (EMEResearch Report) and Valmont (VMIResearch Report) with bullish sentiments.

Emcor Group (EME)

In a report issued on December 19, Noelle Dilts from Stifel Nicolaus maintained a Buy rating on Emcor Group, with a price target of $170.00. The company’s shares closed last Tuesday at $146.63, close to its 52-week high of $156.67.

According to TipRanks.com, Dilts is a 4-star analyst with an average return of 4.7% and a 46.7% success rate. Dilts covers the Industrial Goods sector, focusing on stocks such as Atlas Technical Consultants, Markforged Holding, and Quanta Services.

Currently, the analyst consensus on Emcor Group is a Moderate Buy with an average price target of $165.00.

See today’s best-performing stocks on TipRanks >>

Valmont (VMI)

In a report issued on December 19, Nathan Jones from Stifel Nicolaus maintained a Buy rating on Valmont, with a price target of $385.00. The company’s shares closed last Tuesday at $328.04.

According to TipRanks.com, Jones is a 5-star analyst with an average return of 10.6% and a 58.0% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Evoqua Water Technologies, Lincoln Electric Holdings, and Watts Water Technologies.

Currently, the analyst consensus on Valmont is a Moderate Buy with an average price target of $375.00.

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