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Analysts Offer Insights on Industrial Goods Companies: Atkore International Group (ATKR) and GXO Logistics (GXO)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Atkore International Group (ATKRResearch Report) and GXO Logistics (GXOResearch Report).

Atkore International Group (ATKR)

In a report released today, Andrew Kaplowitz from Citi maintained a Hold rating on Atkore International Group, with a price target of $163.00. The company’s shares closed last Wednesday at $152.98, close to its 52-week high of $164.76.

According to TipRanks.com, Kaplowitz is a top 100 analyst with an average return of 18.2% and a 64.6% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Honeywell International, and Rockwell Automation.

Currently, the analyst consensus on Atkore International Group is a Moderate Buy with an average price target of $178.33.

See the top stocks recommended by analysts >>

GXO Logistics (GXO)

According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 13.5% and a 63.3% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Knight Transportation, and Old Dominion Freight.

GXO Logistics has an analyst consensus of Strong Buy, with a price target consensus of $74.00, implying a 18.1% upside from current levels. In a report issued on August 22, UBS also initiated coverage with a Buy rating on the stock with a $74.00 price target.

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