Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Encore Wire (WIRE – Research Report) and Crane Company (CR – Research Report).
Encore Wire (WIRE)
In a report released today, Brent Thielman from D.A. Davidson maintained a Hold rating on Encore Wire, with a price target of $295.00. The company’s shares closed last Tuesday at $283.60, close to its 52-week high of $295.90.
According to TipRanks.com, Thielman is a top 100 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Encore Wire with a $291.67 average price target, a 2.4% upside from current levels. In a report issued on April 16, Sidoti also downgraded the stock to Hold with a $290.00 price target.
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Crane Company (CR)
According to TipRanks.com, Summerville is a 4-star analyst with an average return of
Crane Company has an analyst consensus of Strong Buy, with a price target consensus of $145.40, representing a 7.1% upside. In a report released yesterday, Vertical Research also upgraded the stock to Buy.
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