Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Tecnoglass (TGLS – Research Report), Ritchie Bros (RBA – Research Report) and Greif Class A (GEF – Research Report).
Tecnoglass (TGLS)
In a report issued on August 28, Timothy Wojs from Robert W. Baird maintained a Buy rating on Tecnoglass, with a price target of $60.00. The company’s shares closed last Thursday at $38.97.
According to TipRanks.com, Wojs is a 4-star analyst with an average return of
Tecnoglass has an analyst consensus of Strong Buy, with a price target consensus of $56.67.
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Ritchie Bros (RBA)
In a report issued on August 30, Craig Kennison from Robert W. Baird maintained a Buy rating on Ritchie Bros, with a price target of $64.00. The company’s shares closed last Thursday at $61.72.
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 Ritchie Bros with a $67.10 average price target.
Greif Class A (GEF)
In a report issued on August 30, Ghansham Panjabi from Robert W. Baird maintained a Hold rating on Greif Class A, with a price target of $70.00. The company’s shares closed last Thursday at $72.59.
According to TipRanks.com, Panjabi is a 5-star analyst with an average return of
Currently, the analyst consensus on Greif Class A is a Hold with an average price target of $78.00, which is an 8.3% upside from current levels. In a report issued on August 30, Bank of America Securities also maintained a Hold rating on the stock with a $81.00 price target.
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Read More on TGLS:
- Tecnoglass expands into vinyl window market
- Tecnoglass to More than Double Addressable Market with Strategic Entry into Vinyl Windows
- Tecnoglass relocates global headquarters to United States
- Tecnoglass Announces Relocation of Global Headquarters to the United States
- Tecnoglass sees FY23 revenue view to $830M-$865M, consensus $845.83M
