There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on ACCO Brands (ACCO – Research Report) and Johnson Controls (JCI – Research Report) with bullish sentiments.
ACCO Brands (ACCO)
Noble Financial analyst Joe Gomes maintained a Buy rating on ACCO Brands today and set a price target of $12.00. The company’s shares closed last Monday at $5.19.
According to TipRanks.com, Gomes is a 3-star analyst with an average return of
ACCO Brands has an analyst consensus of Moderate Buy, with a price target consensus of $8.67.
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Johnson Controls (JCI)
Mizuho Securities analyst Brett Linzey maintained a Buy rating on Johnson Controls on May 5 and set a price target of $78.00. The company’s shares closed last Monday at $63.09.
According to TipRanks.com, Linzey is a 3-star analyst with an average return of
Johnson Controls has an analyst consensus of Moderate Buy, with a price target consensus of $70.40, implying an 11.7% upside from current levels. In a report issued on April 24, Oppenheimer also maintained a Buy rating on the stock with a $71.00 price target.
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