There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Valvoline (VVV – Research Report), Bombardier (BDRBF – Research Report) and Beacon Roofing Supply (BECN – Research Report) with bullish sentiments.
Valvoline (VVV)
In a report released yesterday, Steven Shemesh from RBC Capital maintained a Buy rating on Valvoline, with a price target of $43.00. The company’s shares closed last Monday at $30.50.
According to TipRanks.com, Shemesh has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Valvoline is a Moderate Buy with an average price target of $39.43, which is a 28.0% upside from current levels. In a report issued on October 31, Wells Fargo also assigned a Buy rating to the stock with a $42.00 price target.
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Bombardier (BDRBF)
In a report issued on November 2, Walter Spracklin from RBC Capital maintained a Buy rating on Bombardier, with a price target of C$98.00. The company’s shares closed last Monday at $37.76.
According to TipRanks.com, Spracklin is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bombardier with a $59.19 average price target, implying a 56.6% upside from current levels. In a report issued on November 3, TD Securities also maintained a Buy rating on the stock with a C$100.00 price target.
Beacon Roofing Supply (BECN)
RBC Capital analyst Michael Dahl maintained a Buy rating on Beacon Roofing Supply on November 3 and set a price target of $94.00. The company’s shares closed last Monday at $72.78.
According to TipRanks.com, Dahl is a 5-star analyst with an average return of
Beacon Roofing Supply has an analyst consensus of Moderate Buy, with a price target consensus of $94.86, a 27.1% upside from current levels. In a report issued on November 3, Loop Capital Markets also maintained a Buy rating on the stock with a $102.00 price target.
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