There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Global Payments (GPN – Research Report) and Hub Group (HUBG – Research Report) with bullish sentiments.
Global Payments (GPN)
Global Payments received a Buy rating and a $185.00 price target from Evercore ISI analyst David Togut today. The company’s shares closed last Thursday at $135.31, close to its 52-week high of $138.07.
According to TipRanks.com, Togut is a 1-star analyst with an average return of
Currently, the analyst consensus on Global Payments is a Strong Buy with an average price target of $150.69, representing a 12.8% upside. In a report issued on January 24, Oppenheimer also maintained a Buy rating on the stock with a $156.00 price target.
See today’s best-performing stocks on TipRanks >>
Hub Group (HUBG)
In a report released today, Jason Seidl from TD Cowen reiterated a Buy rating on Hub Group, with a price target of $54.00. The company’s shares closed last Thursday at $45.19.
According to TipRanks.com, Seidl is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hub Group with a $73.59 average 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 GPN:
- Global Payments price target raised to $129 from $110 at Mizuho
- Global Payments price target raised to $150 from $145 at Jefferies
- Global Payments, Commerzbank announce joint venture in Germany
- Global Payments price target raised to $160 from $130 at Wedbush
- Global Payments price target raised to $155 from $135 at KeyBanc
