tiprankstipranks
Blurbs

Analysts Offer Insights on Industrial Goods Companies: Belden (BDC) and Worthington Industries (WOR)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Belden (BDCResearch Report) and Worthington Industries (WORResearch Report).

Belden (BDC)

In a report released today, Chris Dankert from Loop Capital Markets reiterated a Buy rating on Belden, with a price target of $105.00. The company’s shares closed last Friday at $71.02.

According to TipRanks.com, Dankert is a 4-star analyst with an average return of 13.6% and a 75.9% success rate. Dankert covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Emerson Electric Company, and Wesco International.

Currently, the analyst consensus on Belden is a Strong Buy with an average price target of $113.75.

See Insiders’ Hot Stocks on TipRanks >>

Worthington Industries (WOR)

In a report released yesterday, Katja Jancic from BMO Capital assigned a Hold rating to Worthington Industries, with a price target of $65.00. The company’s shares closed last Friday at $61.55.

According to TipRanks.com, Jancic is a 4-star analyst with an average return of 9.7% and a 56.0% success rate. Jancic covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, GrafTech International, and United States Steel.

The word on The Street in general, suggests a Hold analyst consensus rating for Worthington Industries with a $65.00 average price target, implying a 5.2% upside from current levels. In a report issued on October 6, KeyBanc also maintained a Hold rating on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on BDC:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles