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Analysts Offer Insights on Industrial Goods Companies: Bombardier (OtherBDRBF) and Terex (TEX)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Bombardier (BDRBFResearch Report) and Terex (TEXResearch Report).

Bombardier (BDRBF)

In a report released today, Cameron Doerksen from National Bank maintained a Buy rating on Bombardier, with a price target of C$92.00. The company’s shares closed last Friday at $46.71.

According to TipRanks.com, Doerksen is a 4-star analyst with an average return of 8.4% and a 50.0% success rate. Doerksen covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and TFI International.

Bombardier has an analyst consensus of Moderate Buy, with a price target consensus of $61.23, which is a 35.3% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a C$95.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Terex (TEX)

Goldman Sachs analyst Jerry Revich maintained a Hold rating on Terex today. The company’s shares closed last Friday at $59.58.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 11.4% and a 59.5% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Atmus Filtration Technologies, Inc., and Granite Construction.

Currently, the analyst consensus on Terex is a Hold with an average price target of $62.60, representing a 1.9% upside. In a report issued on April 22, Barclays also maintained a Hold rating on the stock with a $60.00 price target.

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