There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Modine (MOD – Research Report), LKQ (LKQ – Research Report) and Watsco (WSO – Research Report) with bullish sentiments.
Modine (MOD)
In a report issued on August 28, Tim Moore CFA from EF Hutton maintained a Buy rating on Modine, with a price target of $53.00. The company’s shares closed last Tuesday at $46.50, close to its 52-week high of $47.48.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Modine with a $51.25 average price target.
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LKQ (LKQ)
In a report issued on August 28, Craig Kennison from Robert W. Baird reiterated a Buy rating on LKQ, with a price target of $65.00. The company’s shares closed last Tuesday at $53.14.
According to TipRanks.com, Kennison is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for LKQ with a $66.63 average price target.
Watsco (WSO)
In a report issued on August 28, Tommy Moll from Stephens reiterated a Buy rating on Watsco, with a price target of $450.00. The company’s shares closed last Tuesday at $361.55, close to its 52-week high of $383.83.
According to TipRanks.com, Moll is a 2-star analyst with an average return of
Currently, the analyst consensus on Watsco is a Hold with an average price target of $368.20.
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Read More on MOD:
- Modine Manufacturing partners with TMS Johnson for school-focused HVAC products
- Modine Manufacturing price target raised to $55 from $45 at B. Riley
- Modine Manufacturing raises FY24 adjusted EBITDA view to $280M-$295M
- Modine Manufacturing reports Q1 adjusted EPS 85c vs. 32c last year
- Modine Reports Another Record Quarter, Raises Full-Year Earnings Guidance
