Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Northrop Grumman (NOC), CAE (CAE) and RELX plc (OtherRLXXF)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Northrop Grumman (NOC – Research Report), CAE (CAE – Research Report) and RELX plc (RLXXF – Research Report).

Northrop Grumman (NOC)

Wells Fargo analyst Matthew Akers maintained a Hold rating on Northrop Grumman today and set a price target of $483.00. The company’s shares closed last Wednesday at $446.37.

According to TipRanks.com, Akers is a 5-star analyst with an average return of 18.6% and a 82.5% success rate. Akers covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and General Dynamics.

Northrop Grumman has an analyst consensus of Hold, with a price target consensus of $480.38.

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CAE (CAE)

In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Sell rating on CAE, with a price target of $19.00. The company’s shares closed last Wednesday at $18.91, close to its 52-week low of $18.26.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 6.2% and a 60.4% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Spirit AeroSystems.

Currently, the analyst consensus on CAE is a Moderate Buy with an average price target of $25.39.

RELX plc (RLXXF)

In a report released today, David Amiras from Bank of America Securities maintained a Buy rating on RELX plc, with a price target of p3770.00. The company’s shares closed last Wednesday at $39.96.

Amiras has an average return of 16.0% when recommending RELX plc.

According to TipRanks.com, Amiras is ranked #3496 out of 8720 analysts.

Currently, the analyst consensus on RELX plc is a Moderate Buy with an average price target of $573.12, implying a 1297.3% upside from current levels. In a report issued on February 1, Morgan Stanley also maintained a Buy rating on the stock with a p3470.00 price target.

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Read More on NOC:

• Northrop Grumman Board Declares Quarterly Dividend
• Northrop Grumman completes first poduction delivery of IBCS major end item
• Northrop Grumman Completes First Production Delivery for the US Army’s Integrated Battle Command System
• Northrop Grumman Issues $2.5 Billion in Senior Notes
• Northrop Grumman Passes Preliminary Design Review for Next Generation Interceptor Solution