Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on John Bean Technologies (JBT – Research Report), Luminar Technologies (LAZR – Research Report) and Reece Limited (REECF – Research Report).
John Bean Technologies (JBT)
In a report released yesterday, Stephen Tusa from J.P. Morgan maintained a Hold rating on John Bean Technologies, with a price target of $95.00. The company’s shares closed last Wednesday at $109.79.
According to TipRanks.com, Tusa is a 5-star analyst with an average return of
Currently, the analyst consensus on John Bean Technologies is a Hold with an average price target of $105.75.
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Luminar Technologies (LAZR)
In a report released yesterday, Kevin Cassidy from Rosenblatt Securities maintained a Hold rating on Luminar Technologies. The company’s shares closed last Wednesday at $7.40.
According to TipRanks.com, Cassidy is a top 25 analyst with an average return of
Luminar Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $17.50.
Reece Limited (REECF)
J.P. Morgan analyst Lisa Huynh maintained a Sell rating on Reece Limited yesterday and set a price target of A$13.40. The company’s shares closed last Tuesday at $9.55, equals to its 52-week low of $9.55.
According to TipRanks.com, Huynh is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Reece Limited with a $9.45 average price target, representing a -1.0% downside. In a report released today, Morgan Stanley also maintained a Sell rating on the stock with a A$11.00 price target.
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