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Analysts’ Top Industrial Goods Picks: American Airlines (AAL), Republic Services (RSG)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on American Airlines (AALResearch Report) and Republic Services (RSGResearch Report) with bullish sentiments.

American Airlines (AAL)

In a report released today, Stephen Trent from Citi maintained a Buy rating on American Airlines, with a price target of $20.00. The company’s shares closed last Wednesday at $15.46.

According to TipRanks.com, Trent is a 5-star analyst with an average return of 12.7% and a 53.7% success rate. Trent covers the Industrial Goods sector, focusing on stocks such as Controladora Vuela Compania de Aviacion SAB de CV, GOL Linhas Aereas Inteligentes SA, and Grupo Aeroportuario del Pacifico.

Currently, the analyst consensus on American Airlines is a Moderate Buy with an average price target of $17.86, which is a 16.3% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $18.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Republic Services (RSG)

In a report released yesterday, Bryan Burgmeier from Citi reiterated a Buy rating on Republic Services, with a price target of $215.00. The company’s shares closed last Wednesday at $185.95, close to its 52-week high of $192.57.

Burgmeier has an average return of 16.2% when recommending Republic Services.

According to TipRanks.com, Burgmeier is ranked #2392 out of 8750 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Republic Services with a $200.31 average price target, a 4.0% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $200.00 price target.

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