There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on DMC Global (BOOM – Research Report) and Werner Enterprises (WERN – Research Report) with bullish sentiments.
DMC Global (BOOM)
In a report released yesterday, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on DMC Global, with a price target of $30.00. The company’s shares closed last Wednesday at $16.28, close to its 52-week low of $14.82.
According to TipRanks.com, Gengaro is a 4-star analyst with an average return of
Currently, the analyst consensus on DMC Global is a Moderate Buy with an average price target of $30.00.
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Werner Enterprises (WERN)
Stifel Nicolaus analyst J. Bruce Chan maintained a Buy rating on Werner Enterprises yesterday and set a price target of $43.00. The company’s shares closed last Wednesday at $36.85, close to its 52-week low of $35.02.
According to TipRanks.com, Chan is a 2-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Werner Enterprises with a $41.21 average price target, representing a 10.7% upside. In a report issued on November 1, Robert W. Baird also maintained a Buy rating on the stock with a $45.00 price target.
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