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Analysts Offer Insights on Industrial Goods Companies: GMS (GMS) and AeroVironment (AVAV)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on GMS (GMSResearch Report) and AeroVironment (AVAVResearch Report).

GMS (GMS)

In a report released yesterday, Michael Dahl from RBC Capital maintained a Hold rating on GMS, with a price target of $68.00. The company’s shares closed last Tuesday at $66.92.

According to TipRanks.com, Dahl is a 5-star analyst with an average return of 7.1% and a 57.2% success rate. Dahl covers the Industrial Goods sector, focusing on stocks such as Masonite International, Beacon Roofing Supply, and Builders Firstsource.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GMS with a $77.29 average price target, which is an 11.5% upside from current levels. In a report issued on September 1, Loop Capital Markets also maintained a Hold rating on the stock with a $74.00 price target.

See today’s best-performing stocks on TipRanks >>

AeroVironment (AVAV)

RBC Capital analyst Kenneth Herbert maintained a Buy rating on AeroVironment today and set a price target of $120.00. The company’s shares closed last Tuesday at $95.29.

According to TipRanks.com, Herbert is a top 100 analyst with an average return of 19.0% and a 64.3% success rate. Herbert covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, AerSale Corporation, and Spirit AeroSystems.

Currently, the analyst consensus on AeroVironment is a Strong Buy with an average price target of $123.25, which is a 26.3% upside from current levels. In a report released today, Robert W. Baird also upgraded the stock to Buy with a $128.00 price target.

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