Analysts’ Top Industrial Goods Picks: Landstar System (LSTR), Allison Transmission Holdings (ALSN)

Analysts are pulling back from the Industrial Goods sector as 3 experts expressed today bearish sentiments on Landstar System (LSTR – Research Report), Allison Transmission Holdings (ALSN – Research Report) and A. O. Smith Corporation (AOS – Research Report).

Landstar System (LSTR)

Goldman Sachs analyst Jordan Alliger maintained a Sell rating on Landstar System on October 26 and set a price target of $161.00. The company’s shares closed last Monday at $164.74.

According to TipRanks.com, Alliger is a 4-star analyst with an average return of 6.9% and a 53.3% success rate. Alliger covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Expeditors International, and Knight Transportation.

The word on The Street in general, suggests a Hold analyst consensus rating for Landstar System with a $176.00 average price target.

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Allison Transmission Holdings (ALSN)

Goldman Sachs analyst Jerry Revich maintained a Sell rating on Allison Transmission Holdings on October 26 and set a price target of $48.00. The company’s shares closed last Monday at $51.02.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 10.5% and a 55.8% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Waste Connections, Generac Holdings, and Gates Industrial.

The word on The Street in general, suggests a Hold analyst consensus rating for Allison Transmission Holdings with a $60.50 average price target, a 16.2% upside from current levels. In a report issued on October 26, Bank of America Securities also reiterated a Sell rating on the stock with a $50.00 price target.

A. O. Smith Corporation (AOS)

Goldman Sachs analyst Susan Maklari maintained a Sell rating on A. O. Smith Corporation yesterday and set a price target of $64.00. The company’s shares closed last Monday at $69.49.

According to TipRanks.com, Maklari is a 2-star analyst with an average return of 0.1% and a 43.6% success rate. Maklari covers the Industrial Goods sector, focusing on stocks such as Leggett & Platt, Armstrong World, and Boise Cascade.

Currently, the analyst consensus on A. O. Smith Corporation is a Hold with an average price target of $77.50.

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Read More on LSTR:

• Landstar System price target lowered to $190 from $210 at Stephens
• Landstar System reports Q3 EPS $1.71, consensus $1.71
• Landstar System Reports Third Quarter Revenue of $1.289B and Earnings Per Share of $1.71
• Is LSTR a Buy, Before Earnings?
• Landstar System price target lowered to $177 from $185 at Stifel