Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on PureCycle Technologies (PCT – Research Report) and Transurban Group Ltd. (TRAUF – Research Report).
PureCycle Technologies (PCT)
In a report released today, Thomas Boyes from TD Cowen maintained a Buy rating on PureCycle Technologies, with a price target of $6.00. The company’s shares closed last Monday at $2.80.
According to TipRanks.com, Boyes is ranked #8433 out of 8656 analysts.
PureCycle Technologies has an analyst consensus of Strong Buy, with a price target consensus of $8.50, which is a 145.0% upside from current levels. In a report issued on December 4, Stifel Nicolaus also maintained a Buy rating on the stock with a $6.00 price target.
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Transurban Group Ltd. (TRAUF)
In a report issued on December 14, Joseph Kusia from Goldman Sachs maintained a Hold rating on Transurban Group Ltd., with a price target of A$13.10. The company’s shares closed last Monday at $9.18.
Currently, the analyst consensus on Transurban Group Ltd. is a Moderate Buy with an average price target of $9.12, implying a -0.7% downside from current levels. In a report issued on December 6, RBC Capital also maintained a Hold rating on the stock with a A$13.00 price target.
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Read More on PCT:
- Largest borrow rate increases among liquid names
- PureCycle Technologies put volume heavy and directionally bearish
- PureCycle Technologies resumes pellet production at Ironton facility
- PureCycle Technologies announces reduction-in-force of 22 employees
- PureCycle Technologies names Jeff Fieler as interim CFO
