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Analysts Offer Insights on Industrial Goods Companies: Nordson (NDSN), Spirit AeroSystems (SPR) and Avient (AVNT)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Nordson (NDSNResearch Report), Spirit AeroSystems (SPRResearch Report) and Avient (AVNTResearch Report) with bullish sentiments.

Nordson (NDSN)

In a report released yesterday, Saree Boroditsky from Jefferies maintained a Buy rating on Nordson, with a price target of $260.00. The company’s shares closed last Tuesday at $243.93, close to its 52-week high of $251.26.

According to TipRanks.com, Boroditsky is a 4-star analyst with an average return of 7.9% and a 58.5% success rate. Boroditsky covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Generac Holdings, and The Middleby.

Currently, the analyst consensus on Nordson is a Strong Buy with an average price target of $253.20, a 4.1% upside from current levels. In a report issued on June 21, KeyBanc also maintained a Buy rating on the stock with a $270.00 price target.

See the top stocks recommended by analysts >>

Spirit AeroSystems (SPR)

In a report released yesterday, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Spirit AeroSystems, with a price target of $40.00. The company’s shares closed last Tuesday at $28.81.

According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 5.5% and a 58.7% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Raytheon Technologies, and Southwest Airlines.

Spirit AeroSystems has an analyst consensus of Moderate Buy, with a price target consensus of $36.00, which is a 24.3% upside from current levels. In a report issued on June 23, Benchmark Co. also reiterated a Buy rating on the stock with a $45.00 price target.

Avient (AVNT)

Jefferies analyst Laurence Alexander maintained a Buy rating on Avient today and set a price target of $46.00. The company’s shares closed last Tuesday at $39.19.

According to TipRanks.com, Alexander is a 4-star analyst with an average return of 3.3% and a 54.5% success rate. Alexander covers the Industrial Goods sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and Lsb Industries.

Avient has an analyst consensus of Strong Buy, with a price target consensus of $46.25.

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