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Analysts Conflicted on These Industrial Goods Names: Blink Charging Co (BLNK), Parker Hannifin (PH) and PureCycle Technologies (PCT)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Blink Charging Co (BLNKResearch Report), Parker Hannifin (PHResearch Report) and PureCycle Technologies (PCTResearch Report).

Blink Charging Co (BLNK)

Needham analyst Chris Pierce maintained a Buy rating on Blink Charging Co on January 17 and set a price target of $7.00. The company’s shares closed last Monday at $2.57, close to its 52-week low of $2.18.

According to TipRanks.com, Pierce has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -26.1% and a 27.2% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and ACV Auctions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blink Charging Co with a $7.29 average price target.

See the top stocks recommended by analysts >>

Parker Hannifin (PH)

Bank of America Securities analyst Andrew Obin maintained a Buy rating on Parker Hannifin on January 17 and set a price target of $525.00. The company’s shares closed last Monday at $473.23.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 8.4% and a 61.6% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Atmus Filtration Technologies, Inc., Honeywell International, and John Bean Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Parker Hannifin with a $493.42 average price target, representing a 4.5% upside. In a report issued on January 2, Goldman Sachs also maintained a Buy rating on the stock with a $551.00 price target.

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