Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Axalta Coating Systems (AXTA – Research Report) and SIA – Singapore Airlines (SINGF – Research Report).
Axalta Coating Systems (AXTA)
Mizuho Securities analyst Chris Parkinson maintained a Buy rating on Axalta Coating Systems on June 20 and set a price target of $34.00. The company’s shares closed last Wednesday at $32.02, close to its 52-week high of $32.88.
According to TipRanks.com, Parkinson is a 5-star analyst with an average return of
Axalta Coating Systems has an analyst consensus of Moderate Buy, with a price target consensus of $33.92, representing a 5.9% upside. In a report issued on June 13, Citi also initiated coverage with a Buy rating on the stock with a $37.00 price target.
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SIA – Singapore Airlines (SINGF)
Phillip Securities analyst Peggy Mak maintained a Sell rating on SIA – Singapore Airlines today and set a price target of S$6.80. The company’s shares closed last Wednesday at $5.55.
According to TipRanks.com, Mak is ranked #6570 out of 8453 analysts.
Currently, the analyst consensus on SIA – Singapore Airlines is a Hold with an average price target of $5.18, implying a -7.5% downside from current levels. In a report issued on June 19, UOB Kay Hian also downgraded the stock to Sell with a S$7.07 price target.
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Read More on AXTA:
- Citi starts coverage of North America Chemicals with 7 Buys, 8 Neutrals
- Axalta Coating initiated with a Buy at Citi
- New Fully Automated Axalta Irus Mix Maximizes Profitability, Provides Sustainable Benefits for Automotive Refinish Industry
- Axalta Coating sees Q2 adjusted EPS 34c-40c, consensus 39c
- Axalta Coating reports Q1 EPS 27c, consensus 31c
