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Analysts Offer Insights on Industrial Goods Companies: Diodes (DIOD) and Masonite International (DOOR)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Diodes (DIODResearch Report) and Masonite International (DOORResearch Report).

Diodes (DIOD)

In a report released today, David Williams from Benchmark Co. reiterated a Buy rating on Diodes, with a price target of $70.00. The company’s shares closed last Wednesday at $66.76, close to its 52-week low of $62.81.

According to TipRanks.com, Williams is a 2-star analyst with an average return of -0.9% and a 44.1% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Power Integrations, and Rigetti Computing.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Diodes with a $72.75 average price target, which is a 6.9% upside from current levels. In a report released today, TD Cowen also maintained a Buy rating on the stock with a $72.00 price target.

See the top stocks recommended by analysts >>

Masonite International (DOOR)

In a report released today, Trey Grooms from Stephens maintained a Hold rating on Masonite International, with a price target of $93.00. The company’s shares closed last Wednesday at $82.52.

According to TipRanks.com, Grooms is a 5-star analyst with an average return of 11.0% and a 50.8% success rate. Grooms covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Builders Firstsource, and Arcosa.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Masonite International with a $119.50 average price target.

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