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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Beacon Roofing Supply (BECN), Exponent (EXPO) and Cintas (CTAS)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Beacon Roofing Supply (BECNResearch Report), Exponent (EXPOResearch Report) and Cintas (CTASResearch Report).

Beacon Roofing Supply (BECN)

Truist Financial analyst Keith Hughes maintained a Hold rating on Beacon Roofing Supply on December 1 and set a price target of $80.00. The company’s shares closed last Friday at $82.90, close to its 52-week high of $87.46.

According to TipRanks.com, Hughes is a top 100 analyst with an average return of 21.8% and a 64.4% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Beacon Roofing Supply with a $99.00 average price target.

See the top stocks recommended by analysts >>

Exponent (EXPO)

Truist Financial analyst Tobey Sommer maintained a Buy rating on Exponent on December 1 and set a price target of $110.00. The company’s shares closed last Friday at $79.13.

According to TipRanks.com, Sommer is a 5-star analyst with an average return of 12.3% and a 63.5% success rate. Sommer covers the Industrial Goods sector, focusing on stocks such as Heidrick & Struggles, Icf International, and GFL Environmental.

Exponent has an analyst consensus of Moderate Buy, with a price target consensus of $110.00.

Cintas (CTAS)

Truist Financial analyst Jasper Bibb maintained a Buy rating on Cintas on December 1 and set a price target of $625.00. The company’s shares closed last Friday at $558.25, close to its 52-week high of $559.94.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cintas with a $571.00 average price target, representing a 3.2% upside. In a report issued on November 28, Bank of America Securities also maintained a Buy rating on the stock with a $630.00 price target.

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