Analysts Conflicted on These Industrial Goods Names: The Middleby (MIDD), Air Canada (OtherACDVF) and Kratos Defense (KTOS)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on The Middleby (MIDD – Research Report), Air Canada (ACDVF – Research Report) and Kratos Defense (KTOS – Research Report).

The Middleby (MIDD)

In a report issued on February 16, Tami Zakaria from J.P. Morgan maintained a Hold rating on The Middleby, with a price target of $155.00. The company’s shares closed last Friday at $144.54.

According to TipRanks.com, Zakaria is a 5-star analyst with an average return of 21.9% and a 68.6% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as ESAB Corporation, CNH Industrial, and Caterpillar.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for The Middleby with a $163.50 average price target.

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Air Canada (ACDVF)

In a report released today, Konark Gupta from Scotiabank reiterated a Buy rating on Air Canada, with a price target of C$30.00. The company’s shares closed last Friday at $13.36.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 11.6% and a 60.7% success rate. Gupta covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, TFI International, and Canadian Pacific.

Currently, the analyst consensus on Air Canada is a Strong Buy with an average price target of $22.38, implying a 56.5% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$32.00 price target.

Kratos Defense (KTOS)

In a report released today, Josh Sullivan from Benchmark Co. maintained a Buy rating on Kratos Defense, with a price target of $25.00. The company’s shares closed last Friday at $20.77, close to its 52-week high of $21.60.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 12.2% and a 64.1% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Carpenter Technology, Terran Orbital Corp, and Spirit AeroSystems.

Currently, the analyst consensus on Kratos Defense is a Moderate Buy with an average price target of $22.83, implying a 10.8% upside from current levels. In a report issued on February 14, RBC Capital also maintained a Buy rating on the stock with a $23.00 price target.

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Read More on MIDD:

• Middleby price target raised to $164 from $149 at Canaccord
• Middleby acquires GBT Bakery Technology, terms undisclosed
• Middleby price target raised to $160 from $140 at Jefferies
• Middleby price target raised to $175 from $152 at KeyBanc