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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Mueller Water Products (MWA) and Graincorp Limited Class A (OtherGRCLF)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Mueller Water Products (MWAResearch Report) and Graincorp Limited Class A (GRCLFResearch Report).

Mueller Water Products (MWA)

In a report issued on December 14, Deane Dray from RBC Capital maintained a Hold rating on Mueller Water Products, with a price target of $14.00. The company’s shares closed last Friday at $13.95.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 13.0% and a 61.5% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.

Currently, the analyst consensus on Mueller Water Products is a Hold with an average price target of $14.50, representing a -1.6% downside. In a report released yesterday, Oppenheimer also assigned a Hold rating to the stock.

See today’s best-performing stocks on TipRanks >>

Graincorp Limited Class A (GRCLF)

In a report issued on December 13, Owen Birrell from RBC Capital maintained a Sell rating on Graincorp Limited Class A, with a price target of A$8.25. The company’s shares closed last Friday at $4.95.

According to TipRanks.com, Birrell is a 3-star analyst with an average return of 2.0% and a 52.8% success rate. Birrell covers the Industrial Goods sector, focusing on stocks such as Auckland International Airport Limited, Cleanaway Waste Management Ltd., and Qantas Airways Limited.

Graincorp Limited Class A has an analyst consensus of Hold, with a price target consensus of $5.52.

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