There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Generac Holdings (GNRC – Research Report), Bluelinx Holdings (BXC – Research Report) and Axalta Coating Systems (AXTA – Research Report) with bullish sentiments.
Generac Holdings (GNRC)
In a report released yesterday, George Gianarikas from Canaccord Genuity maintained a Buy rating on Generac Holdings, with a price target of $140.00. The company’s shares closed last Thursday at $100.64.
According to TipRanks.com, Gianarikas is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Generac Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $138.20, representing a 40.6% upside. In a report released yesterday, Stifel Nicolaus also upgraded the stock to Buy with a $135.00 price target.
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Bluelinx Holdings (BXC)
Loop Capital Markets analyst Jeffrey Stevenson maintained a Buy rating on Bluelinx Holdings today and set a price target of $100.00. The company’s shares closed last Thursday at $75.70.
According to TipRanks.com, Stevenson is a 1-star analyst with an average return of
Bluelinx Holdings has an analyst consensus of Strong Buy, with a price target consensus of $98.75, implying a 27.1% upside from current levels. In a report released today, Craig-Hallum also maintained a Buy rating on the stock with a $90.00 price target.
Axalta Coating Systems (AXTA)
BMO Capital analyst John McNulty assigned a Buy rating to Axalta Coating Systems yesterday and set a price target of $37.00. The company’s shares closed last Thursday at $28.96.
According to TipRanks.com, McNulty is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Axalta Coating Systems with a $34.00 average price target, representing a 18.5% upside. In a report issued on October 17, Mizuho Securities also maintained a Buy rating on the stock with a $34.00 price target.
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