There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Herc Holdings (HRI – Research Report), FedEx (FDX – Research Report) and Wesco International (WCC – Research Report) with bullish sentiments.
Herc Holdings (HRI)
Barclays analyst Adam Seiden maintained a Buy rating on Herc Holdings yesterday and set a price target of $175.00. The company’s shares closed last Tuesday at $141.19.
According to TipRanks.com, Seiden is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Herc Holdings with a $140.67 average price target.
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FedEx (FDX)
Barclays analyst Brandon Oglenski maintained a Buy rating on FedEx today and set a price target of $310.00. The company’s shares closed last Tuesday at $236.39.
According to TipRanks.com, Oglenski is a 5-star analyst with an average return of
FedEx has an analyst consensus of Moderate Buy, with a price target consensus of $300.76, a 24.9% upside from current levels. In a report released yesterday, Citi also assigned a Buy rating to the stock with a $295.00 price target.
Wesco International (WCC)
KeyBanc analyst Kenneth Newman maintained a Buy rating on Wesco International today. The company’s shares closed last Tuesday at $132.59, close to its 52-week low of $121.91.
According to TipRanks.com, Newman is a 5-star analyst with an average return of
Currently, the analyst consensus on Wesco International is a Strong Buy with an average price target of $189.67, implying a 24.8% upside from current levels. In a report issued on February 1, Robert W. Baird also maintained a Buy rating on the stock with a $203.00 price target.
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