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Analysts Offer Insights on Industrial Goods Companies: Parker Hannifin (PH), Lockheed Martin (LMT) and Albany International (AIN)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Parker Hannifin (PHResearch Report), Lockheed Martin (LMTResearch Report) and Albany International (AINResearch Report).

Parker Hannifin (PH)

In a report released yesterday, Joe O’Dea from Wells Fargo maintained a Buy rating on Parker Hannifin, with a price target of $465.00. The company’s shares closed last Friday at $392.12.

According to TipRanks.com, O’Dea is a 2-star analyst with an average return of -0.2% and a 38.7% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Emerson Electric Company, and Honeywell International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Parker Hannifin with a $453.92 average price target.

See the top stocks recommended by analysts >>

Lockheed Martin (LMT)

Wells Fargo analyst Matthew Akers upgraded Lockheed Martin to Hold today and set a price target of $440.00. The company’s shares closed last Friday at $424.05.

According to TipRanks.com, Akers is a 5-star analyst with an average return of 16.5% and a 78.3% success rate. Akers covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, Science Applications, and General Dynamics.

The word on The Street in general, suggests a Hold analyst consensus rating for Lockheed Martin with a $503.50 average price target, which is a 18.8% upside from current levels. In a report issued on September 6, Wolfe Research also maintained a Hold rating on the stock.

Albany International (AIN)

Albany International received a Buy rating and a $106.00 price target from TD Cowen analyst Gautam Khanna today. The company’s shares closed last Friday at $85.47.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 12.5% and a 68.4% success rate. Khanna covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Albany International with a $109.00 average price target.

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