Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Montrose Environmental Group (MEG – Research Report) and Snap-on (SNA – Research Report).
Montrose Environmental Group (MEG)
In a report released today, Andrew Obin from Bank of America Securities maintained a Buy rating on Montrose Environmental Group. The company’s shares closed last Friday at $40.75.
According to TipRanks.com, Obin is a 5-star analyst with an average return of
Montrose Environmental Group has an analyst consensus of Strong Buy, with a price target consensus of $50.67, implying a 21.5% upside from current levels. In a report issued on April 4, Needham also reiterated a Buy rating on the stock with a $54.00 price target.
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Snap-on (SNA)
Bank of America Securities analyst Sherif El-Sabbahy maintained a Sell rating on Snap-on today and set a price target of $255.00. The company’s shares closed last Friday at $267.00.
According to TipRanks.com, El-Sabbahy is a 4-star analyst with an average return of
Currently, the analyst consensus on Snap-on is a Moderate Buy with an average price target of $304.40.
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