tiprankstipranks
Blurbs

Analysts Offer Insights on Industrial Goods Companies: Albany International (AIN) and Parsons (PSN)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Albany International (AINResearch Report) and Parsons (PSNResearch Report).

Albany International (AIN)

Bank of America Securities analyst Ronald Epstein maintained a Hold rating on Albany International yesterday and set a price target of $105.00. The company’s shares closed last Monday at $87.48.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 4.6% and a 56.4% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Teledyne Technologies, Raytheon Technologies, and Huntington Ingalls.

Albany International has an analyst consensus of Moderate Buy, with a price target consensus of $103.50.

See Insiders’ Hot Stocks on TipRanks >>

Parsons (PSN)

In a report released today, Mariana Perez from Bank of America Securities reiterated a Buy rating on Parsons, with a price target of $70.00. The company’s shares closed last Monday at $61.65, close to its 52-week high of $62.06.

According to TipRanks.com, Perez is a 4-star analyst with an average return of 19.2% and a 66.7% success rate. Perez covers the Technology sector, focusing on stocks such as Palantir Technologies, Caci International, and Booz Allen.

Currently, the analyst consensus on Parsons is a Moderate Buy with an average price target of $68.00, implying a 10.1% upside from current levels. In a report issued on November 2, Truist Financial also maintained a Buy rating on the stock with a $74.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on AIN:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles