Analysts Conflicted on These Industrial Goods Names: Archer Daniels Midland (ADM), NET Power (NPWR) and Eaton (ETN)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Archer Daniels Midland (ADM – Research Report), NET Power (NPWR – Research Report) and Eaton (ETN – Research Report).

Archer Daniels Midland (ADM)

Barclays analyst Benjamin Theurer maintained a Sell rating on Archer Daniels Midland yesterday and set a price target of $60.00. The company’s shares closed last Tuesday at $57.07.

According to TipRanks.com, Theurer is a 4-star analyst with an average return of 5.4% and a 55.8% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Coca Cola Femsa SAB De CV, Pilgrim’s Pride, and Hormel Foods.

The word on The Street in general, suggests a Hold analyst consensus rating for Archer Daniels Midland with a $63.00 average price target.

See the top stocks recommended by analysts >>

NET Power (NPWR)

Citi analyst Ryan Levine maintained a Hold rating on NET Power yesterday and set a price target of $9.00. The company’s shares closed last Tuesday at $9.00, close to its 52-week low of $7.55.

According to TipRanks.com, Levine is a 3-star analyst with an average return of 3.9% and a 56.5% success rate. Levine covers the Utilities sector, focusing on stocks such as Eversource Energy, Fluence Energy, and Southwest Gas.

Currently, the analyst consensus on NET Power is a Hold with an average price target of $9.00.

Eaton (ETN)

In a report released yesterday, Julian Mitchell from Barclays maintained a Sell rating on Eaton, with a price target of $250.00. The company’s shares closed last Tuesday at $297.74, close to its 52-week high of $303.40.

According to TipRanks.com, Mitchell is a top 100 analyst with an average return of 16.0% and a 66.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker.

Eaton has an analyst consensus of Moderate Buy, with a price target consensus of $291.25.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on ADM:

• Archer Daniels Midland (NYSE:ADM) Rises despite Overstated Profits
• Options Volatility and Implied Earnings Moves Today, March 12, 2024
• Notable companies reporting before tomorrow’s open
• Options Volatility and Implied Earnings Moves This Week, March 11 – March 15, 2024
• Archer Daniels call volume above normal and directionally bullish