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Analysts Offer Insights on Industrial Goods Companies: Bombardier (OtherBDRBF) and Waste Connections (WCN)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Bombardier (BDRBFResearch Report) and Waste Connections (WCNResearch Report) with bullish sentiments.

Bombardier (BDRBF)

BMO Capital analyst Fadi Chamoun maintained a Buy rating on Bombardier yesterday and set a price target of C$85.00. The company’s shares closed last Thursday at $45.23.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 15.0% and a 63.4% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and TFI International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bombardier with a $56.33 average price target, representing a 38.4% upside. In a report issued on April 10, Scotiabank also maintained a Buy rating on the stock with a C$83.00 price target.

See the top stocks recommended by analysts >>

Waste Connections (WCN)

BMO Capital analyst Devin Dodge maintained a Buy rating on Waste Connections yesterday and set a price target of $186.00. The company’s shares closed last Thursday at $165.18.

According to TipRanks.com, Dodge is a 5-star analyst with an average return of 10.5% and a 66.2% success rate. Dodge covers the Industrial Goods sector, focusing on stocks such as Brookfield Business Partners, GFL Environmental, and Republic Services.

Waste Connections has an analyst consensus of Strong Buy, with a price target consensus of $185.27, implying a 13.6% upside from current levels. In a report issued on April 12, Oppenheimer also maintained a Buy rating on the stock with a $181.00 price target.

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