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Analysts Offer Insights on Industrial Goods Companies: Howmet Aerospace (HWM), Herc Holdings (HRI) and Parker Hannifin (PH)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Howmet Aerospace (HWMResearch Report), Herc Holdings (HRIResearch Report) and Parker Hannifin (PHResearch Report) with bullish sentiments.

Howmet Aerospace (HWM)

In a report released today, Philip Gibbs from KeyBanc maintained a Buy rating on Howmet Aerospace, with a price target of $52.00. The company’s shares closed last Thursday at $48.25.

According to TipRanks.com, Gibbs is a 5-star analyst with an average return of 17.3% and a 60.5% success rate. Gibbs covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Carpenter Technology, and Haynes International.

Howmet Aerospace has an analyst consensus of Moderate Buy, with a price target consensus of $53.60, an 11.4% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $55.00 price target.

See today’s best-performing stocks on TipRanks >>

Herc Holdings (HRI)

In a report released today, Kenneth Newman from KeyBanc reiterated a Buy rating on Herc Holdings, with a price target of $150.00. The company’s shares closed last Thursday at $113.70.

According to TipRanks.com, Newman is a 4-star analyst with an average return of 10.6% and a 60.5% success rate. Newman covers the Industrial Goods sector, focusing on stocks such as Distribution Solutions Group, Emerson Electric Company, and Wesco International.

The word on The Street in general, suggests a Hold analyst consensus rating for Herc Holdings with a $130.50 average price target, representing a 19.4% upside. In a report issued on October 24, Wells Fargo also maintained a Buy rating on the stock with a $150.00 price target.

Parker Hannifin (PH)

KeyBanc analyst Jeffrey Hammond reiterated a Buy rating on Parker Hannifin today and set a price target of $460.00. The company’s shares closed last Thursday at $404.58, close to its 52-week high of $428.16.

According to TipRanks.com, Hammond is a 5-star analyst with an average return of 8.6% and a 52.2% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Janus International Group, Advanced Drainage Systems, and A. O. Smith Corporation.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Parker Hannifin with a $464.22 average price target, a 17.1% upside from current levels. In a report issued on October 19, Stifel Nicolaus also maintained a Buy rating on the stock with a $466.00 price target.

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