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Analysts Offer Insights on Industrial Goods Companies: Mueller Water Products (MWA), Thomson Reuters (TRI) and Proto Labs (PRLB)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Mueller Water Products (MWAResearch Report), Thomson Reuters (TRIResearch Report) and Proto Labs (PRLBResearch Report).

Mueller Water Products (MWA)

In a report released yesterday, Deane Dray from RBC Capital maintained a Hold rating on Mueller Water Products, with a price target of $15.00. The company’s shares closed last Friday at $15.23.

According to TipRanks.com, Dray is a top 100 analyst with an average return of 14.8% and a 66.1% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.

Mueller Water Products has an analyst consensus of Hold, with a price target consensus of $17.00, implying a 14.7% upside from current levels. In a report issued on February 8, Goldman Sachs also maintained a Hold rating on the stock.

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

Thomson Reuters (TRI)

J.P. Morgan analyst Andrew Steinerman maintained a Hold rating on Thomson Reuters on February 9 and set a price target of $152.00. The company’s shares closed last Friday at $158.63, close to its 52-week high of $159.26.

According to TipRanks.com, Steinerman is a 5-star analyst with an average return of 11.2% and a 72.5% success rate. Steinerman covers the Industrial Goods sector, focusing on stocks such as Resources Connection, BrightView Holdings, and Vestis Corporation.

Thomson Reuters has an analyst consensus of Hold, with a price target consensus of $151.43, representing a -3.5% downside. In a report issued on January 25, National Bank also maintained a Hold rating on the stock with a C$201.00 price target.

Proto Labs (PRLB)

Benchmark Co. analyst Robert Wasserman maintained a Buy rating on Proto Labs today and set a price target of $45.00. The company’s shares closed last Friday at $35.58.

According to TipRanks.com, Wasserman is a 1-star analyst with an average return of -5.1% and a 35.5% success rate. Wasserman covers the Healthcare sector, focusing on stocks such as BioLife Solutions, Integer Holdings, and Ligand Pharma.

Currently, the analyst consensus on Proto Labs is a Moderate Buy with an average price target of $45.00.

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