Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on ESS Tech (GWH – Research Report) and The Middleby (MIDD – Research Report).
ESS Tech (GWH)
In a report released today, Brian Dobson from Chardan Capital maintained a Hold rating on ESS Tech, with a price target of $1.10. The company’s shares closed last Wednesday at $1.12, close to its 52-week low of $0.75.
According to TipRanks.com, Dobson has 0 stars on 0-5 stars ranking scale with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ESS Tech with a $2.64 average price target, a 121.8% upside from current levels. In a report issued on May 12, Canaccord Genuity also maintained a Hold rating on the stock with a $1.75 price target.
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The Middleby (MIDD)
In a report released yesterday, Saree Boroditsky from Jefferies maintained a Buy rating on The Middleby, with a price target of $180.00. The company’s shares closed last Wednesday at $135.08.
According to TipRanks.com, Boroditsky is ranked #2301 out of 8410 analysts.
Currently, the analyst consensus on The Middleby is a Strong Buy with an average price target of $175.00, a 27.7% upside from current levels. In a report issued on May 10, Robert W. Baird also maintained a Buy rating on the stock with a $174.00 price target.
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