Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on XPO (XPO – Research Report) and Beacon Roofing Supply (BECN – Research Report).
XPO (XPO)
In a report issued on January 11, Jordan Alliger from Goldman Sachs maintained a Buy rating on XPO, with a price target of $98.00. The company’s shares closed last Friday at $86.46, close to its 52-week high of $90.84.
According to TipRanks.com, Alliger is a 4-star analyst with an average return of
Currently, the analyst consensus on XPO is a Strong Buy with an average price target of $96.56, which is a 12.9% upside from current levels. In a report issued on January 4, Wells Fargo also upgraded the stock to Buy with a $110.00 price target.
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Beacon Roofing Supply (BECN)
Robert W. Baird analyst David Manthey maintained a Hold rating on Beacon Roofing Supply on January 10 and set a price target of $99.00. The company’s shares closed last Friday at $83.89, close to its 52-week high of $89.40.
According to TipRanks.com, Manthey is a 5-star analyst with an average return of
Beacon Roofing Supply has an analyst consensus of Moderate Buy, with a price target consensus of $102.25, which is a 19.7% upside from current levels. In a report issued on January 11, Truist Financial also maintained a Hold rating on the stock with a $90.00 price target.
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