Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Old Dominion Freight (ODFL – Research Report) and General Dynamics (GD – Research Report).
Old Dominion Freight (ODFL)
In a report released yesterday, Ken Hoexter from Bank of America Securities reiterated a Hold rating on Old Dominion Freight, with a price target of $205.00. The company’s shares closed last Wednesday at $195.06.
According to TipRanks.com, Hoexter is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Old Dominion Freight with a $215.04 average price target, a 3.4% upside from current levels. In a report issued on April 9, J.P. Morgan also maintained a Hold rating on the stock with a $231.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
General Dynamics (GD)
Wells Fargo analyst Matthew Akers maintained a Buy rating on General Dynamics yesterday and set a price target of $322.00. The company’s shares closed last Wednesday at $281.11, close to its 52-week high of $296.50.
According to TipRanks.com, Akers is a 5-star analyst with an average return of
Currently, the analyst consensus on General Dynamics is a Moderate Buy with an average price target of $307.20, a 6.2% upside from current levels. In a report issued on April 9, TD Cowen also maintained a Buy rating on the stock with a $315.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on ODFL:
