Analysts Offer Insights on Industrial Goods Companies: Cadre Holdings (CDRE), Boeing (BA) and NV5 Holdings (NVEE)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Cadre Holdings (CDRE – Research Report), Boeing (BA – Research Report) and NV5 Holdings (NVEE – Research Report) with bullish sentiments.

Cadre Holdings (CDRE)

In a report released today, Mark Smith from Lake Street maintained a Buy rating on Cadre Holdings, with a price target of $37.00. The company’s shares closed last Friday at $34.99, close to its 52-week high of $35.86.

According to TipRanks.com, Smith is a 5-star analyst with an average return of 18.2% and a 47.4% success rate. Smith covers the NA sector, focusing on stocks such as Sportsman’s Warehouse, Big 5 Sporting Goods, and Kura Sushi USA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cadre Holdings with a $36.80 average price target, representing a 3.2% upside. In a report issued on February 16, Stephens also maintained a Buy rating on the stock with a $40.00 price target.

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Boeing (BA)

In a report issued on February 18, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Boeing, with a price target of $300.00. The company’s shares closed last Friday at $203.89.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 8.2% and a 62.7% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, L3Harris Technologies, and Spirit AeroSystems.

Boeing has an analyst consensus of Moderate Buy, with a price target consensus of $262.67, implying a 28.2% upside from current levels. In a report issued on February 5, Argus Research also maintained a Buy rating on the stock with a $240.00 price target.

NV5 Holdings (NVEE)

In a report released today, Robert Brown from Lake Street assigned a Buy rating to NV5 Holdings, with a price target of $165.00. The company’s shares closed last Friday at $110.30.

According to TipRanks.com, Brown is a 5-star analyst with an average return of 21.1% and a 59.9% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Pioneer Power Solutions, and Flux Power Holdings.

Currently, the analyst consensus on NV5 Holdings is a Moderate Buy with an average price target of $133.50.

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Read More on CDRE:

• Cadre price target raised to $40 from $36 at Stephens
• Cadre management to meet with Stephens
• Cadre price target raised to $37 from $32 at Lake Street
• Cadre raises quarterly dividend by 9% to 8.75c per share
• Cadre downgraded to Market Perform from Outperform at Raymond James