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Analysts Are Bullish on These Industrial Goods Stocks: Latham Group (SWIM), Albany International (AIN)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Latham Group (SWIMResearch Report), Albany International (AINResearch Report) and Brink’s Company (BCOResearch Report) with bullish sentiments.

Latham Group (SWIM)

Truist Financial analyst Keith Hughes maintained a Buy rating on Latham Group on November 7. The company’s shares closed last Wednesday at $2.36, close to its 52-week low of $2.04.

According to TipRanks.com, Hughes is a 5-star analyst with an average return of 19.0% and a 56.9% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Beacon Roofing Supply, Builders Firstsource, and Armstrong World.

The word on The Street in general, suggests a Hold analyst consensus rating for Latham Group with a $3.58 average price target.

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Albany International (AIN)

In a report issued on November 7, Michael Ciarmoli from Truist Financial maintained a Buy rating on Albany International, with a price target of $105.00. The company’s shares closed last Wednesday at $82.00, close to its 52-week low of $78.20.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 9.6% and a 57.4% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as Air Transport Services, AerSale Corporation, and Spirit AeroSystems.

Currently, the analyst consensus on Albany International is a Moderate Buy with an average price target of $103.50, representing a 21.7% upside. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $106.00 price target.

Brink’s Company (BCO)

In a report issued on November 7, Tobey Sommer from Truist Financial maintained a Buy rating on Brink’s Company, with a price target of $90.00. The company’s shares closed last Wednesday at $73.10.

According to TipRanks.com, Sommer is a 5-star analyst with an average return of 11.3% and a 59.7% success rate. Sommer covers the Industrial Goods sector, focusing on stocks such as Science Applications, Heidrick & Struggles, and GFL Environmental.

Brink’s Company has an analyst consensus of Moderate Buy, with a price target consensus of $90.00, implying a 21.2% upside from current levels. In a report issued on November 7, Goldman Sachs also reiterated a Buy rating on the stock.

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