Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Stepan Company (SCL – Research Report), ARB Corporation Limited (ARBFF – Research Report) and Lindsay (LNN – Research Report).
Stepan Company (SCL)
In a report issued on October 23, Vincent Anderson from Stifel Nicolaus maintained a Buy rating on Stepan Company, with a price target of $93.00. The company’s shares closed last Tuesday at $74.02.
According to TipRanks.com, Anderson is a 4-star analyst with an average return of
Stepan Company has an analyst consensus of Moderate Buy, with a price target consensus of $91.00, implying a 22.0% upside from current levels. In a report issued on October 19, C.L. King also upgraded the stock to Buy with a $89.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
ARB Corporation Limited (ARBFF)
Wilsons analyst James Ferrier maintained a Buy rating on ARB Corporation Limited on October 20 and set a price target of A$35.30. The company’s shares closed last Wednesday at $18.53.
According to TipRanks.com, Ferrier is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ARB Corporation Limited with a $20.41 average price target, representing a 10.2% upside. In a report issued on October 20, Citi also upgraded the stock to Buy with a A$35.18 price target.
Lindsay (LNN)
Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Lindsay on October 23 and set a price target of $129.00. The company’s shares closed last Tuesday at $125.02.
According to TipRanks.com, Jones is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lindsay with a $139.50 average price target.
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 SCL:
- Stepan upgraded to Buy from Neutral at CL King
- Stepan Company increases quarterly dividend 2.7% to 37.5c per share
- Stepan Reports Third Quarter Results
- Stepan Increases Quarterly Cash Dividend, Marking the 56th Consecutive Year of Increases
- Stepan Company expects challenges in Q4 similar to rest of the year
