tiprankstipranks
Blurbs

Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Albany International (AIN), TFI International (TFII) and 3M (MMM)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Albany International (AINResearch Report), TFI International (TFIIResearch Report) and 3M (MMMResearch Report).

Albany International (AIN)

Truist Financial analyst Michael Ciarmoli maintained a Buy rating on Albany International on October 20 and set a price target of $105.00. The company’s shares closed last Tuesday at $80.77, close to its 52-week low of $80.26.

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, AerSale Corporation, and Spirit AeroSystems.

Currently, the analyst consensus on Albany International is a Moderate Buy with an average price target of $106.80.

See the top stocks recommended by analysts >>

TFI International (TFII)

In a report released yesterday, Walter Spracklin from RBC Capital reiterated a Buy rating on TFI International, with a price target of $133.00. The company’s shares closed last Tuesday at $106.76.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 13.6% and a 59.0% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, GFL Environmental, and Waste Connections.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TFI International with a $135.33 average price target, which is a 17.3% upside from current levels. In a report issued on October 12, Wells Fargo also maintained a Buy rating on the stock with a $160.00 price target.

3M (MMM)

RBC Capital analyst Deane Dray maintained a Sell rating on 3M yesterday and set a price target of $83.00. The company’s shares closed last Tuesday at $90.12, close to its 52-week low of $85.35.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 10.8% and a 56.8% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.

Currently, the analyst consensus on 3M is a Hold with an average price target of $111.85, a 24.1% upside from current levels. In a report released today, Barclays also maintained a Sell rating on the stock with a $98.00 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 AIN:

Trending

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

Popular Articles