Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on APi Group (APG – Research Report), Cummins (CMI – Research Report) and Kar Auction Services (KAR – Research Report).
APi Group (APG)
In a report issued on November 2, Andrew Wittmann from Robert W. Baird maintained a Buy rating on APi Group, with a price target of $34.00. The company’s shares closed last Friday at $27.64, close to its 52-week high of $29.57.
According to TipRanks.com, Wittmann is a 5-star analyst with an average return of
Currently, the analyst consensus on APi Group is a Moderate Buy with an average price target of $33.00, a 17.4% upside from current levels. In a report issued on November 2, Bank of America Securities also reiterated a Buy rating on the stock with a $32.00 price target.
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Cummins (CMI)
In a report issued on November 2, Luke Junk from Robert W. Baird maintained a Hold rating on Cummins, with a price target of $250.00. The company’s shares closed last Friday at $225.88.
According to TipRanks.com, Junk is a 1-star analyst with an average return of
Currently, the analyst consensus on Cummins is a Hold with an average price target of $256.76, which is a 16.6% upside from current levels. In a report issued on November 3, Oppenheimer also maintained a Hold rating on the stock.
Kar Auction Services (KAR)
Robert W. Baird analyst Craig Kennison maintained a Buy rating on Kar Auction Services on November 1 and set a price target of $18.00. The company’s shares closed last Friday at $14.72.
According to TipRanks.com, Kennison is a 4-star analyst with an average return of
Kar Auction Services has an analyst consensus of Strong Buy, with a price target consensus of $21.00.
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