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Analysts Offer Insights on Industrial Goods Companies: CNH Industrial (CNHI) and GFL Environmental (GFL)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on CNH Industrial (CNHIResearch Report) and GFL Environmental (GFLResearch Report).

CNH Industrial (CNHI)

In a report released today, Kristen Owen from Oppenheimer maintained a Hold rating on CNH Industrial. The company’s shares closed last Friday at $12.31.

According to TipRanks.com, Owen is a 4-star analyst with an average return of 8.4% and a 58.9% success rate. Owen covers the Basic Materials sector, focusing on stocks such as Bioceres Crop Solutions, Lavoro Limited, and Green Plains.

The word on The Street in general, suggests a Hold analyst consensus rating for CNH Industrial with a $13.85 average price target, an 11.8% upside from current levels. In a report released today, Bank of America Securities also downgraded the stock to Hold with a $13.20 price target.

See Insiders’ Hot Stocks on TipRanks >>

GFL Environmental (GFL)

Scotiabank analyst Michael Doumet maintained a Buy rating on GFL Environmental today and set a price target of C$58.00. The company’s shares closed last Friday at $33.15.

According to TipRanks.com, Doumet is a 5-star analyst with an average return of 14.9% and a 64.4% success rate. Doumet covers the Industrial Goods sector, focusing on stocks such as Badger Infrastructure Solutions, Waste Connections, and Republic Services.

GFL Environmental has an analyst consensus of Strong Buy, with a price target consensus of $42.47, implying a 28.9% upside from current levels. In a report issued on April 8, RBC Capital also initiated coverage with a Buy rating on the stock with a $46.00 price target.

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