Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on L3Harris Technologies (LHX – Research Report), Dover (DOV – Research Report) and Siemens Energy (SMEGF – Research Report).
L3Harris Technologies (LHX)
In a report released yesterday, Matthew Akers from Wells Fargo maintained a Buy rating on L3Harris Technologies, with a price target of $238.00. The company’s shares closed last Thursday at $207.36.
According to TipRanks.com, Akers is a 5-star analyst with an average return of
Currently, the analyst consensus on L3Harris Technologies is a Moderate Buy with an average price target of $234.55, a 13.0% upside from current levels. In a report issued on April 22, Alembic Global also upgraded the stock to Buy with a $238.00 price target.
See today’s best-performing stocks on TipRanks >>
Dover (DOV)
Wells Fargo analyst Joe O’Dea maintained a Hold rating on Dover yesterday and set a price target of $190.00. The company’s shares closed last Thursday at $179.11, close to its 52-week high of $181.49.
According to TipRanks.com, O’Dea is a 4-star analyst with an average return of
Dover has an analyst consensus of Moderate Buy, with a price target consensus of $188.20, a 7.0% upside from current levels. In a report issued on April 21, RBC Capital also maintained a Hold rating on the stock with a $179.00 price target.
Siemens Energy (SMEGF)
Goldman Sachs analyst Ajay Patel maintained a Buy rating on Siemens Energy today and set a price target of EUR27.00. The company’s shares closed last Thursday at $19.00.
According to TipRanks.com, Patel is ranked #3353 out of 8795 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Siemens Energy with a $19.69 average price target, implying a 5.7% upside from current levels. In a report issued on April 12, Berenberg Bank also maintained a Buy rating on the stock with a EUR30.00 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 LHX:
- L3Harris Technologies to cut 5% of workforce to save costs, Reuters reports
- LHX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- L3Harris Technologies upgraded to Overweight from Neutral at Alembic Global
- L3Harris Technologies receives $256M ENVG-B production order
- Kratos Defense completes development of Zeus Solid Rocket Motor family
