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Analysts Offer Insights on Industrial Goods Companies: Nordson (NDSN) and AeroVironment (AVAV)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Nordson (NDSNResearch Report) and AeroVironment (AVAVResearch Report).

Nordson (NDSN)

In a report issued on June 26, Michael Halloran from Robert W. Baird maintained a Buy rating on Nordson, with a price target of $251.00. The company’s shares closed last Wednesday at $243.94, close to its 52-week high of $251.26.

According to TipRanks.com, Halloran is a 5-star analyst with an average return of 9.2% and a 57.0% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Evoqua Water Technologies, Advanced Drainage Systems, and Emerson Electric Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nordson with a $253.20 average price target, representing a 3.5% upside. In a report issued on June 21, KeyBanc also maintained a Buy rating on the stock with a $270.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

AeroVironment (AVAV)

In a report released today, Peter Arment from Robert W. Baird maintained a Hold rating on AeroVironment, with a price target of $95.00. The company’s shares closed last Wednesday at $95.16.

According to TipRanks.com, Arment is a 5-star analyst with an average return of 9.2% and a 60.1% success rate. Arment covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Raytheon Technologies, and Albany International.

Currently, the analyst consensus on AeroVironment is a Strong Buy with an average price target of $113.75.

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