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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Plug Power (PLUG), XPO (XPO) and RELX plc (OtherRLXXF)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Plug Power (PLUGResearch Report), XPO (XPOResearch Report) and RELX plc (RLXXFResearch Report).

Plug Power (PLUG)

KeyBanc analyst Sangita Jain maintained a Hold rating on Plug Power on January 18. The company’s shares closed last Monday at $2.78, close to its 52-week low of $2.26.

According to TipRanks.com, Jain is a 2-star analyst with an average return of -0.4% and a 56.3% success rate. Jain covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Aecom Technology, and Jacobs Solutions.

The word on The Street in general, suggests a Hold analyst consensus rating for Plug Power with a $8.84 average price target, implying a 210.2% upside from current levels. In a report issued on January 11, Susquehanna also downgraded the stock to Hold with a $4.50 price target.

See the top stocks recommended by analysts >>

XPO (XPO)

Citi analyst Christian Wetherbee maintained a Buy rating on XPO on January 17 and set a price target of $100.00. The company’s shares closed last Monday at $86.18, close to its 52-week high of $90.84.

According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 11.8% and a 63.4% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Canadian National Railway, and Navios Maritime Partners.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for XPO with a $96.56 average price target, which is a 12.0% 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.

RELX plc (RLXXF)

Bank of America Securities analyst David Amiras reiterated a Buy rating on RELX plc on January 18 and set a price target of p3730.00. The company’s shares closed last Monday at $42.92, close to its 52-week high of $42.97.

Amiras has an average return of 21.8% when recommending RELX plc.

According to TipRanks.com, Amiras is ranked #3153 out of 8673 analysts.

Currently, the analyst consensus on RELX plc is a Moderate Buy with an average price target of $575.36, implying a 1312.7% upside from current levels. In a report issued on January 4, UBS also maintained a Buy rating on the stock with a £36.40 price target.

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