Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Albany International (AIN) and Spirit AeroSystems (SPR)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Albany International (AIN – Research Report) and Spirit AeroSystems (SPR – Research Report).

Spirit AeroSystems (SPR)

TD Cowen analyst Cai von Rumohr maintained a Hold rating on Spirit AeroSystems today and set a price target of $17.70. The company’s shares closed last Friday at $16.83, close to its 52-week low of $16.27.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 5.9% and a 60.5% success rate. Rumohr covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, Science Applications, and General Dynamics.

Spirit AeroSystems has an analyst consensus of Hold, with a price target consensus of $27.59, which is a 69.0% upside from current levels. In a report issued on September 5, Melius Research also downgraded the stock to Hold with a $23.00 price target.

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Read More on AIN:

• Albany International appoints Gunnar Kleveland as President and CEO
• Albany International raises FY23 EPS view to $3.15-$3.75, consensus $3.64
• Albany International reports Q2 adjusted EPS 90c, consensus 92c
• AIN Earnings this Week: How Will it Perform?