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Analysts Offer Insights on Industrial Goods Companies: GXO Logistics (GXO), ESS Tech (GWH) and Hertz Global (HTZ)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on GXO Logistics (GXOResearch Report), ESS Tech (GWHResearch Report) and Hertz Global (HTZResearch Report).

GXO Logistics (GXO)

In a report released today, Scott Schneeberger from Oppenheimer maintained a Buy rating on GXO Logistics, with a price target of $63.00. The company’s shares closed last Wednesday at $49.69.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 12.0% and a 61.2% success rate. Schneeberger covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Mcgrath Rentcorp, and United Rentals.

Currently, the analyst consensus on GXO Logistics is a Strong Buy with an average price target of $69.18, which is a 41.4% upside from current levels. In a report released today, TD Cowen also assigned a Buy rating to the stock with a $78.00 price target.

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ESS Tech (GWH)

In a report released today, Colin Rusch from Oppenheimer maintained a Buy rating on ESS Tech, with a price target of $3.00. The company’s shares closed last Wednesday at $0.81, close to its 52-week low of $0.75.

According to TipRanks.com, Rusch is ranked #39 out of 8746 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ESS Tech with a $2.25 average price target, representing a 167.9% upside. In a report released today, TD Cowen also assigned a Buy rating to the stock with a $2.50 price target.

Hertz Global (HTZ)

Oppenheimer analyst Ian Zaffino maintained a Hold rating on Hertz Global today. The company’s shares closed last Wednesday at $7.79, close to its 52-week low of $7.06.

According to TipRanks.com, Zaffino is a 4-star analyst with an average return of 3.6% and a 48.4% success rate. Zaffino covers the Industrial Goods sector, focusing on stocks such as ARAMARK Holdings, Crane NXT, and Arcosa.

The word on The Street in general, suggests a Hold analyst consensus rating for Hertz Global with a $9.75 average price target.

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