Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Old Dominion Freight (ODFL – Research Report), NOV (NOV – Research Report) and Albany International (AIN – Research Report).
Old Dominion Freight (ODFL)
In a report released yesterday, Ken Hoexter from Bank of America Securities reiterated a Buy rating on Old Dominion Freight, with a price target of $471.00. The company’s shares closed last Wednesday at $420.75.
According to TipRanks.com, Hoexter is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Old Dominion Freight with a $372.57 average price target, a -8.2% downside from current levels. In a report issued on July 13, Wells Fargo also maintained a Buy rating on the stock with a $425.00 price target.
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NOV (NOV)
Bank of America Securities analyst Saurabh Pant maintained a Buy rating on NOV yesterday and set a price target of $21.00. The company’s shares closed last Wednesday at $18.85.
According to TipRanks.com, Pant is a 3-star analyst with an average return of
NOV has an analyst consensus of Moderate Buy, with a price target consensus of $19.82, representing a 6.4% upside. In a report issued on July 17, Morgan Stanley also maintained a Buy rating on the stock with a $22.00 price target.
Albany International (AIN)
Bank of America Securities analyst Ronald Epstein maintained a Hold rating on Albany International yesterday and set a price target of $105.00. The company’s shares closed last Wednesday at $95.25.
According to TipRanks.com, Epstein is a 4-star analyst with an average return of
Albany International has an analyst consensus of Moderate Buy, with a price target consensus of $110.00.
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Read More on ODFL:
- Old Dominion Freight Line (ODFL) Q2 Earnings Cheat Sheet
- Early notable gainers among liquid option names on July 18th
- PepsiCo downgraded, Chewy upgraded: Wall Street’s top analyst calls
- Old Dominion initiated with an Equal Weight at Barclays
- Old Dominion price target raised to $425 from $350 at Wells Fargo
