Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on CSX (CSX – Research Report), Hexcel (HXL – Research Report) and Enovix (ENVX – Research Report).
CSX (CSX)
In a report released yesterday, Fadi Chamoun from BMO Capital reiterated a Buy rating on CSX, with a price target of $38.00. The company’s shares closed last Wednesday at $34.39, close to its 52-week high of $35.09.
According to TipRanks.com, Chamoun is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CSX with a $37.60 average price target, which is a 7.4% upside from current levels. In a report issued on January 10, Barclays also maintained a Buy rating on the stock with a $41.00 price target.
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Hexcel (HXL)
BMO Capital analyst John McNulty assigned a Hold rating to Hexcel yesterday and set a price target of $78.00. The company’s shares closed last Wednesday at $71.65.
According to TipRanks.com, McNulty is a 4-star analyst with an average return of
Hexcel has an analyst consensus of Moderate Buy, with a price target consensus of $77.33, representing a 6.7% upside. In a report issued on January 10, Goldman Sachs also upgraded the stock to Hold with a $70.00 price target.
Enovix (ENVX)
Canaccord Genuity analyst George Gianarikas maintained a Buy rating on Enovix yesterday and set a price target of $17.00. The company’s shares closed last Wednesday at $9.70, close to its 52-week low of $7.55.
According to TipRanks.com, Gianarikas ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Enovix has an analyst consensus of Strong Buy, with a price target consensus of $31.57.
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