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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Enbridge (ENB), Linamar (OtherLIMAF) and Innoviz Technologies (INVZ)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Enbridge (ENBResearch Report), Linamar (LIMAFResearch Report) and Innoviz Technologies (INVZResearch Report).

Enbridge (ENB)

In a report released today, Benjamin Pham from BMO Capital maintained a Hold rating on Enbridge, with a price target of $55.00. The company’s shares closed last Wednesday at $38.01.

According to TipRanks.com, Pham is a 5-star analyst with an average return of 8.9% and a 66.6% success rate. Pham covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Algonquin Power & Utilities, and Northland Power.

The word on The Street in general, suggests a Hold analyst consensus rating for Enbridge with a $43.86 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Linamar (LIMAF)

In a report released yesterday, Peter Sklar from BMO Capital maintained a Buy rating on Linamar, with a price target of $92.00. The company’s shares closed last Wednesday at $55.27, close to its 52-week high of $56.23.

According to TipRanks.com, Sklar is a 3-star analyst with an average return of 3.1% and a 48.2% success rate. Sklar covers the Consumer Goods sector, focusing on stocks such as Loblaw Companies, Canadian Tire, and Dollarama.

Currently, the analyst consensus on Linamar is a Strong Buy with an average price target of $65.58.

Innoviz Technologies (INVZ)

Rosenblatt Securities analyst Kevin Cassidy reiterated a Hold rating on Innoviz Technologies today and set a price target of $5.00. The company’s shares closed last Wednesday at $4.04.

According to TipRanks.com, Cassidy is a top 100 analyst with an average return of 22.7% and a 66.0% success rate. Cassidy covers the Technology sector, focusing on stocks such as Smart Global Holdings, Navitas Semiconductor, and Skyworks Solutions.

Innoviz Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $9.00.

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