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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Albany International (AIN) and Old Dominion Freight (ODFL)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Albany International (AINResearch Report) and Old Dominion Freight (ODFLResearch Report).

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 Monday at $91.67.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 4.0% and a 56.6% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Teledyne Technologies, Raytheon Technologies, and Spirit AeroSystems.

Currently, the analyst consensus on Albany International is a Moderate Buy with an average price target of $110.00.

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Old Dominion Freight (ODFL)

Bank of America Securities analyst Ken Hoexter reiterated a Buy rating on Old Dominion Freight yesterday and set a price target of $471.00. The company’s shares closed last Monday at $403.11, close to its 52-week high of $429.24.

According to TipRanks.com, Hoexter is a 4-star analyst with an average return of 4.0% and a 49.1% success rate. Hoexter covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Knight Transportation, and Werner Enterprises.

The word on The Street in general, suggests a Hold analyst consensus rating for Old Dominion Freight with a $407.71 average price target, a 2.7% upside from current levels. In a report released yesterday, Stephens also maintained a Buy rating on the stock with a $470.00 price target.

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