Analysts Conflicted on These Industrial Goods Names: Brunswick (BC), Nordson (NDSN) and Deere (DE)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Brunswick (BC – Research Report), Nordson (NDSN – Research Report) and Deere (DE – Research Report).

Brunswick (BC)

In a report released today, Brandon Rolle from D.A. Davidson maintained a Hold rating on Brunswick. The company’s shares closed last Thursday at $78.20.

According to TipRanks.com, Rolle is a 1-star analyst with an average return of -5.8% and a 38.7% success rate. Rolle covers the Industrial Goods sector, focusing on stocks such as Patrick Industries, Harley-Davidson, and LCI Industries.

Currently, the analyst consensus on Brunswick is a Moderate Buy with an average price target of $95.40, representing a 22.2% upside. In a report issued on September 19, KeyBanc also assigned a Hold rating to the stock.

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Nordson (NDSN)

D.A. Davidson analyst Matt Summerville maintained a Buy rating on Nordson today and set a price target of $275.00. The company’s shares closed last Thursday at $221.19.

According to TipRanks.com, Summerville is a 4-star analyst with an average return of 5.3% and a 42.4% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Alta Equipment Group, and Diebold Nixdorf Inc.

Currently, the analyst consensus on Nordson is a Moderate Buy with an average price target of $258.83.

Deere (DE)

D.A. Davidson analyst Michael Shlisky maintained a Buy rating on Deere today and set a price target of $493.00. The company’s shares closed last Thursday at $384.47.

According to TipRanks.com, Shlisky ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.8% and a 31.6% success rate. Shlisky covers the Industrial Goods sector, focusing on stocks such as Custom Truck One Source, Douglas Dynamics, and The Toro Company.

Currently, the analyst consensus on Deere is a Moderate Buy with an average price target of $442.76, implying a 15.3% upside from current levels. In a report issued on September 15, HSBC also initiated coverage with a Buy rating on the stock with a $486.00 price target.

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Read More on BC:

• Brunswick initiated with an Equal Weight at Morgan Stanley
• Brunswick Corporation Named by Newsweek as One of the World’s Most Trustworthy Companies
• Brunswick price target lowered to $91 from $97 at Roth MKM
• Brunswick price target lowered to $92 from $102 at Stifel
• Brunswick sees Q3 EPS at bottom end of $2.35-$2.45 range, consensus $2.41