Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Symbotic (SYM), Graincorp Limited Class A (OtherGRCLF) and United Rentals (URI)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Symbotic (SYM – Research Report), Graincorp Limited Class A (GRCLF – Research Report) and United Rentals (URI – Research Report).

Symbotic (SYM)

In a report released today, Derek Soderberg from Cantor Fitzgerald reiterated a Buy rating on Symbotic, with a price target of $60.00. The company’s shares closed last Monday at $37.16.

According to TipRanks.com, Soderberg is a 1-star analyst with an average return of -4.1% and a 40.5% success rate. Soderberg covers the Technology sector, focusing on stocks such as Shoals Technologies Group, NEXTracker, Inc. Class A, and Array Technologies.

Currently, the analyst consensus on Symbotic is a Strong Buy with an average price target of $61.20, representing a 62.6% upside. In a report issued on November 15, Northland Securities also maintained a Buy rating on the stock with a $58.00 price target.

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Graincorp Limited Class A (GRCLF)

RBC Capital analyst Owen Birrell maintained a Sell rating on Graincorp Limited Class A on November 16 and set a price target of A$8.50. The company’s shares closed last Friday at $4.98.

According to TipRanks.com, Birrell is a 3-star analyst with an average return of 1.6% and a 58.2% success rate. Birrell covers the Industrial Goods sector, focusing on stocks such as Cleanaway Waste Management Ltd., Qantas Airways Limited, and Aurizon Holdings Ltd.

Currently, the analyst consensus on Graincorp Limited Class A is a Moderate Buy with an average price target of $5.87.

United Rentals (URI)

In a report released today, Seth Weber from Wells Fargo reiterated a Buy rating on United Rentals, with a price target of $495.00. The company’s shares closed last Monday at $471.80, close to its 52-week high of $492.33.

According to TipRanks.com, Weber is a top 100 analyst with an average return of 21.7% and a 63.1% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, H&E Equipment Services, and Manitowoc Company.

United Rentals has an analyst consensus of Moderate Buy, with a price target consensus of $453.80.

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Read More on SYM:

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