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Analysts Offer Insights on Industrial Goods Companies: United Parcel (UPS) and Hubbell B (HUBB)

Analysts fell to the sidelines weighing in on United Parcel (UPSResearch Report) and Hubbell B (HUBBResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

United Parcel (UPS)

Barclays analyst Brandon Oglenski initiated coverage with a Hold rating on United Parcel yesterday and set a price target of $145.00. The company’s shares closed last Tuesday at $145.06.

According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 4.9% and a 53.1% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian National Railway, and Allegiant Travel Company.

Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $167.67, which is a 14.2% upside from current levels. In a report issued on January 17, UBS also maintained a Hold rating on the stock with a $165.00 price target.

See the top stocks recommended by analysts >>

Hubbell B (HUBB)

Barclays analyst Julian Mitchell maintained a Hold rating on Hubbell B today and set a price target of $340.00. The company’s shares closed last Tuesday at $344.31, close to its 52-week high of $347.28.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 14.6% and a 65.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hubbell B with a $348.50 average price target.

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