Analysts fell to the sidelines weighing in on McPhy Energy SA (MPHYF – Research Report) and Gates Industrial (GTES – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
McPhy Energy SA (MPHYF)
RBC Capital analyst Erwan Kerouredan maintained a Hold rating on McPhy Energy SA on March 11 and set a price target of EUR4.00. The company’s shares closed last Friday at $2.48, equals to its 52-week low of $2.48.
According to TipRanks.com, Kerouredan is ranked #8446 out of 8766 analysts.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for McPhy Energy SA with a $4.38 average price target.
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Gates Industrial (GTES)
In a report issued on March 12, Deane Dray from RBC Capital maintained a Hold rating on Gates Industrial, with a price target of $16.00. The company’s shares closed last Wednesday at $17.35.
According to TipRanks.com, Dray is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gates Industrial with a $18.11 average price target, which is a 4.1% upside from current levels. In a report issued on March 12, Goldman Sachs also maintained a Hold rating on the stock with a $16.00 price target.
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