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Analysts Offer Insights on Industrial Goods Companies: Group 1 Automotive (GPI), United Parcel (UPS) and Northrop (NOC)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Group 1 Automotive (GPIResearch Report), United Parcel (UPSResearch Report) and Northrop (NOCResearch Report).

Group 1 Automotive (GPI)

Benchmark Co. analyst Michael Ward maintained a Buy rating on Group 1 Automotive today and set a price target of $340.00. The company’s shares closed last Thursday at $249.51.

According to TipRanks.com, Ward is a 4-star analyst with an average return of 6.7% and a 49.2% success rate. Ward covers the Industrial Goods sector, focusing on stocks such as Superior Industries International, Cooper-Standard Holdings, and Penske Automotive Group.

Group 1 Automotive has an analyst consensus of Moderate Buy, with a price target consensus of $323.75, representing a 33.5% upside. In a report issued on October 12, J.P. Morgan also maintained a Buy rating on the stock with a $305.00 price target.

See the top stocks recommended by analysts >>

United Parcel (UPS)

In a report released today, Thomas Wadewitz from UBS maintained a Hold rating on United Parcel, with a price target of $151.00. The company’s shares closed last Thursday at $138.21, close to its 52-week low of $137.93.

According to TipRanks.com, Wadewitz is a 5-star analyst with an average return of 7.3% and a 54.3% success rate. Wadewitz covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Schneider National.

United Parcel has an analyst consensus of Moderate Buy, with a price target consensus of $172.10, a 20.8% upside from current levels. In a report issued on October 13, Loop Capital Markets also maintained a Hold rating on the stock with a $172.00 price target.

Northrop (NOC)

Bank of America Securities analyst Ronald Epstein maintained a Buy rating on Northrop yesterday and set a price target of $615.00. The company’s shares closed last Thursday at $477.78.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 4.5% and a 55.5% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Teledyne Technologies, Raytheon Technologies, and Albany International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northrop with a $512.82 average price target, representing a 5.4% upside. In a report released today, Susquehanna also maintained a Buy rating on the stock with a $560.00 price target.

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