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Analysts Conflicted on These Industrial Goods Names: Astronics (ATRO), Fortive (FTV) and Nordson (NDSN)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Astronics (ATROResearch Report), Fortive (FTVResearch Report) and Nordson (NDSNResearch Report).

Astronics (ATRO)

In a report issued on October 20, Michael Ciarmoli from Truist Financial maintained a Hold rating on Astronics, with a price target of $17.00. The company’s shares closed last Tuesday at $15.07.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 9.9% and a 56.7% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as Air Transport Services, Albany International, and AerSale Corporation.

Astronics has an analyst consensus of Hold, with a price target consensus of $17.00.

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Fortive (FTV)

In a report issued on October 23, Brett Linzey from Mizuho Securities assigned a Hold rating to Fortive, with a price target of $70.00. The company’s shares closed last Tuesday at $70.25.

According to TipRanks.com, Linzey is a 4-star analyst with an average return of 3.8% and a 50.7% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortive with a $82.69 average price target, representing a 16.9% upside. In a report issued on October 9, Wells Fargo also maintained a Hold rating on the stock with a $75.00 price target.

Nordson (NDSN)

Robert W. Baird analyst Michael Halloran maintained a Buy rating on Nordson on October 23 and set a price target of $253.00. The company’s shares closed last Tuesday at $213.87.

According to TipRanks.com, Halloran is a 5-star analyst with an average return of 8.3% and a 53.9% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Emerson Electric Company, and A. O. Smith Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nordson with a $258.83 average price target.

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