Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Wesco International (WCC – Research Report) and Trane Technologies (TT – Research Report).
Wesco International (WCC)
Robert W. Baird analyst David Manthey maintained a Buy rating on Wesco International on November 2 and set a price target of $180.00. The company’s shares closed last Friday at $142.80.
According to TipRanks.com, Manthey is a 5-star analyst with an average return of
Currently, the analyst consensus on Wesco International is a Strong Buy with an average price target of $182.33, representing a 31.6% upside. In a report issued on November 2, RBC Capital also maintained a Buy rating on the stock with a $187.00 price target.
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Trane Technologies (TT)
Mizuho Securities analyst Brett Linzey assigned a Hold rating to Trane Technologies on November 1 and set a price target of $200.00. The company’s shares closed last Friday at $218.00, close to its 52-week high of $219.50.
According to TipRanks.com, Linzey is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trane Technologies with a $225.08 average price target, a 3.5% upside from current levels. In a report issued on October 17, Robert W. Baird also maintained a Hold rating on the stock with a $225.00 price target.
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Read More on WCC:
- Wesco raises FY23 adjusted EPS view to $15.60-$16.10 from $15.00-$16.00
- Wesco reports Q3 adjusted EPS $4.49, consensus $3.88
- Wesco raises FY23 EPS view $15.60-$16.10 from $15.00-$16.00, consensus $15.31
- Wesco International Reports Third Quarter 2023 Results
- Wesco upgraded to Overweight from Neutral at JPMorgan
