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Analysts’ Top Industrial Goods Picks: Trane Technologies (TT), Eaton (ETN)

Analysts fell to the sidelines weighing in on Trane Technologies (TTResearch Report) and Eaton (ETNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Trane Technologies (TT)

In a report released today, Noah Kaye from Oppenheimer maintained a Hold rating on Trane Technologies. The company’s shares closed last Thursday at $270.74, close to its 52-week high of $272.07.

According to TipRanks.com, Kaye is a 5-star analyst with an average return of 12.9% and a 62.1% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as PureCycle Technologies, Lennox International, and Rockwell Automation.

Trane Technologies has an analyst consensus of Hold, with a price target consensus of $258.00, which is a -3.9% downside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $246.00 price target.

See today’s best-performing stocks on TipRanks >>

Eaton (ETN)

In a report released today, Christopher Glynn from Oppenheimer maintained a Hold rating on Eaton. The company’s shares closed last Thursday at $264.57, close to its 52-week high of $264.75.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 15.1% and a 60.7% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Generac Holdings, and Acuity Brands.

Eaton has an analyst consensus of Moderate Buy, with a price target consensus of $270.71, a 5.9% upside from current levels. In a report released today, KeyBanc also maintained a Hold rating on the stock.

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