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Analysts Offer Insights on Industrial Goods Companies: Waste Management (WM), Cummins (CMI) and Aspen Aerogels (ASPN)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Waste Management (WMResearch Report), Cummins (CMIResearch Report) and Aspen Aerogels (ASPNResearch Report).

Waste Management (WM)

Scotiabank analyst Michael Doumet maintained a Hold rating on Waste Management today and set a price target of $170.00. The company’s shares closed last Monday at $188.26, close to its 52-week high of $190.44.

According to TipRanks.com, Doumet is a 5-star analyst with an average return of 15.2% and a 65.5% success rate. Doumet covers the Industrial Goods sector, focusing on stocks such as GFL Environmental, Waste Connections, and Russel Metals.

Waste Management has an analyst consensus of Moderate Buy, with a price target consensus of $189.20, which is a 0.6% upside from current levels. In a report issued on February 7, Robert W. Baird also maintained a Hold rating on the stock with a $191.00 price target.

See the top stocks recommended by analysts >>

Cummins (CMI)

In a report released yesterday, Timothy Thein from Citi maintained a Buy rating on Cummins, with a price target of $285.00. The company’s shares closed last Monday at $256.85, close to its 52-week high of $265.28.

According to TipRanks.com, Thein is a 5-star analyst with an average return of 18.2% and a 64.5% success rate. Thein covers the Industrial Goods sector, focusing on stocks such as United Rentals, Timken Company, and Caterpillar.

Currently, the analyst consensus on Cummins is a Hold with an average price target of $253.60, which is a 0.6% upside from current levels. In a report issued on February 7, TD Cowen also assigned a Buy rating to the stock with a $272.00 price target.

Aspen Aerogels (ASPN)

Benchmark Co. analyst Subash Chandra maintained a Buy rating on Aspen Aerogels today and set a price target of $14.00. The company’s shares closed last Monday at $12.40.

According to TipRanks.com, Chandra is a 4-star analyst with an average return of 10.7% and a 44.0% success rate. Chandra covers the NA sector, focusing on stocks such as Permian Resources, Chesapeake Energy, and Matador Resources.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aspen Aerogels with a $18.75 average price target, which is a 55.5% upside from current levels. In a report released yesterday, Craig-Hallum also assigned a Buy rating to the stock.

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