Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on United Rentals (URI – Research Report), Lockheed Martin (LMT – Research Report) and Canadian National Railway (CNI – Research Report).
United Rentals (URI)
In a report issued on January 21, Timothy Thein from Citi assigned a Buy rating to United Rentals, with a price target of $650.00. The company’s shares closed last Tuesday at $578.07, close to its 52-week high of $585.94.
According to TipRanks.com, Thein is a 5-star analyst with an average return of
Currently, the analyst consensus on United Rentals is a Hold with an average price target of $514.67, which is a -11.7% downside from current levels. In a report issued on January 19, Bank of America Securities also maintained a Buy rating on the stock with a $650.00 price target.
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Lockheed Martin (LMT)
RBC Capital analyst Kenneth Herbert maintained a Hold rating on Lockheed Martin yesterday and set a price target of $470.00. The company’s shares closed last Tuesday at $439.67.
According to TipRanks.com, Herbert is a top 100 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Lockheed Martin with a $481.50 average price target, implying a 5.0% upside from current levels. In a report issued on January 11, Wells Fargo also maintained a Hold rating on the stock with a $482.00 price target.
Canadian National Railway (CNI)
RBC Capital analyst Walter Spracklin assigned a Hold rating to Canadian National Railway yesterday and set a price target of C$164.00. The company’s shares closed last Tuesday at $125.79, close to its 52-week high of $127.15.
According to TipRanks.com, Spracklin is a 5-star analyst with an average return of
Canadian National Railway has an analyst consensus of Hold, with a price target consensus of $128.60, representing a 3.0% upside. In a report issued on January 8, TD Securities also downgraded the stock to Hold with a C$180.00 price target.
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