Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Regal Rexnord (RRX – Research Report), TPI Composites (TPIC – Research Report) and Core & Main (CNM – Research Report).
Regal Rexnord (RRX)
Loop Capital Markets analyst Chris Dankert reiterated a Buy rating on Regal Rexnord today and set a price target of $145.00. The company’s shares closed last Monday at $101.19, close to its 52-week low of $97.18.
According to TipRanks.com, Dankert is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Regal Rexnord with a $167.17 average price target, representing a 57.2% upside. In a report issued on November 3, Barclays also maintained a Buy rating on the stock with a $170.00 price target.
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TPI Composites (TPIC)
In a report released today, Kashy Harrison from Piper Sandler maintained a Hold rating on TPI Composites, with a price target of $2.50. The company’s shares closed last Monday at $1.96, close to its 52-week low of $1.90.
According to TipRanks.com, Harrison is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on TPI Composites is a Moderate Buy with an average price target of $5.70, implying a 178.0% upside from current levels. In a report issued on November 3, Craig-Hallum also maintained a Hold rating on the stock with a $3.00 price target.
Core & Main (CNM)
In a report released today, Jeffrey Stevenson from Loop Capital Markets maintained a Buy rating on Core & Main, with a price target of $38.00. The company’s shares closed last Monday at $31.24, close to its 52-week high of $33.32.
According to TipRanks.com, Stevenson is a 1-star analyst with an average return of
Currently, the analyst consensus on Core & Main is a Moderate Buy with an average price target of $33.90, representing a 5.9% upside. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $40.00 price target.
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