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Analysts Offer Insights on Industrial Goods Companies: Lilium (LILM) and Surf Air Mobility, Inc. (SRFM)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Lilium (LILMResearch Report) and Surf Air Mobility, Inc. (SRFMResearch Report) with bullish sentiments.

Lilium (LILM)

Canaccord Genuity analyst Austin Moeller maintained a Buy rating on Lilium yesterday and set a price target of $3.00. The company’s shares closed last Monday at $0.91.

According to TipRanks.com, Moeller has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -14.7% and a 32.5% success rate. Moeller covers the Industrial Goods sector, focusing on stocks such as Intuitive Machines, Vertical Aerospace, and Archer Aviation.

The word on The Street in general, suggests a Hold analyst consensus rating for Lilium with a $1.88 average price target.

See the top stocks recommended by analysts >>

Surf Air Mobility, Inc. (SRFM)

In a report released yesterday, George Gianarikas from Canaccord Genuity maintained a Buy rating on Surf Air Mobility, Inc., with a price target of $3.00. The company’s shares closed last Monday at $0.72, close to its 52-week low of $0.71.

According to TipRanks.com, Gianarikas has 0 stars on 0-5 stars ranking scale with an average return of -17.8% and a 34.3% success rate. Gianarikas covers the Industrial Goods sector, focusing on stocks such as Dragonfly Energy Holdings Corp, Lion Electric Company, and Generac Holdings.

Currently, the analyst consensus on Surf Air Mobility, Inc. is a Strong Buy with an average price target of $3.54, representing a 360.0% upside. In a report issued on November 20, Bernstein also maintained a Buy rating on the stock with a $3.62 price target.

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