There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on General Dynamics (GD – Research Report), Ryder System (R – Research Report) and Axon Enterprise (AXON – Research Report) with bullish sentiments.
General Dynamics (GD)
Robert W. Baird analyst Peter Arment maintained a Buy rating on General Dynamics on April 24 and set a price target of $345.00. The company’s shares closed last Thursday at $284.90, close to its 52-week high of $296.50.
According to TipRanks.com, Arment is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Dynamics with a $306.59 average price target, which is a 4.7% 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.
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Ryder System (R)
Robert W. Baird analyst Garrett Holland maintained a Buy rating on Ryder System on April 23 and set a price target of $140.00. The company’s shares closed last Thursday at $122.43, close to its 52-week high of $122.94.
According to TipRanks.com, Holland is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ryder System with a $126.50 average price target, which is a 5.4% upside from current levels. In a report issued on April 23, Goldman Sachs also maintained a Buy rating on the stock.
Axon Enterprise (AXON)
In a report issued on April 24, William Power from Robert W. Baird maintained a Buy rating on Axon Enterprise, with a price target of $310.00.
According to TipRanks.com, Power is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Axon Enterprise with a $333.11 average price target, a 10.5% upside from current levels. In a report issued on April 10, Needham also maintained a Buy rating on the stock with a $400.00 price target.
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