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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Snap-on (SNA), Transdigm Group (TDG) and RBC Bearings (RBC)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Snap-on (SNAResearch Report), Transdigm Group (TDGResearch Report) and RBC Bearings (RBCResearch Report).

Snap-on (SNA)

Bank of America Securities analyst Elizabeth Lane Suzuki reiterated a Sell rating on Snap-on yesterday and set a price target of $240.00. The company’s shares closed last Thursday at $266.03.

According to TipRanks.com, Suzuki is a 3-star analyst with an average return of 1.7% and a 50.3% success rate. Suzuki covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Floor & Decor Holdings, and Advance Auto Parts.

Snap-on has an analyst consensus of Hold, with a price target consensus of $288.33.

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Transdigm Group (TDG)

In a report released yesterday, Matthew Akers from Wells Fargo maintained a Hold rating on Transdigm Group, with a price target of $1260.00. The company’s shares closed last Thursday at $1128.57, close to its 52-week high of $1155.24.

According to TipRanks.com, Akers is a 5-star analyst with an average return of 17.8% and a 84.2% success rate. Akers covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, L3Harris Technologies, and Raytheon Technologies.

Transdigm Group has an analyst consensus of Moderate Buy, with a price target consensus of $1120.85.

RBC Bearings (RBC)

In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Buy rating on RBC Bearings, with a price target of $280.00. The company’s shares closed last Thursday at $258.15.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 6.8% and a 59.3% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Huntington Ingalls.

Currently, the analyst consensus on RBC Bearings is a Moderate Buy with an average price target of $279.00.

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