Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on PureCycle Technologies (PCT – Research Report), Mercury Systems (MRCY – Research Report) and Spirit AeroSystems (SPR – Research Report).
PureCycle Technologies (PCT)
Craig-Hallum analyst Eric Stine assigned a Hold rating to PureCycle Technologies on January 17. The company’s shares closed last Monday at $3.24, close to its 52-week low of $2.39.
According to TipRanks.com, Stine is a 3-star analyst with an average return of
Currently, the analyst consensus on PureCycle Technologies is a Moderate Buy with an average price target of $7.75.
See today’s best-performing stocks on TipRanks >>
Mercury Systems (MRCY)
In a report issued on January 18, Ronald Epstein from Bank of America Securities maintained a Sell rating on Mercury Systems, with a price target of $30.00. The company’s shares closed last Monday at $31.09, close to its 52-week low of $28.90.
According to TipRanks.com, Epstein is a 4-star analyst with an average return of
Mercury Systems has an analyst consensus of Moderate Sell, with a price target consensus of $34.00, a 9.7% upside from current levels. In a report issued on January 3, Jefferies also downgraded the stock to Sell with a $30.00 price target.
Spirit AeroSystems (SPR)
Barclays analyst David E. Strauss maintained a Buy rating on Spirit AeroSystems on January 18 and set a price target of $40.00. The company’s shares closed last Monday at $26.95.
According to TipRanks.com, Strauss is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Spirit AeroSystems with a $31.56 average price target, which is a 16.8% upside from current levels. In a report issued on January 16, Citi also initiated coverage with a Buy rating on the stock with a $39.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on PCT:
- PureCycle provides Ironton purification facility production update
- Craig-Hallum downgrades PureCycle Technologies to Hold, cuts price target to $4
- PureCycle Technologies downgraded to Hold from Buy at Craig-Hallum
- Largest borrow rate increases among liquid names
- PureCycle Technologies price target lowered to $6 from $8 at TD Cowen
