There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Textron (TXT – Research Report), GE Aerospace (GE – Research Report) and Parker Hannifin (PH – Research Report) with bullish sentiments.
Textron (TXT)
In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Textron, with a price target of $105.00. The company’s shares closed last Thursday at $87.48.
According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of
Currently, the analyst consensus on Textron is a Strong Buy with an average price target of $104.10.
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GE Aerospace (GE)
J.P. Morgan analyst Seth Seifman maintained a Buy rating on GE Aerospace on May 13 and set a price target of $175.00. The company’s shares closed last Thursday at $161.12, close to its 52-week high of $170.80.
According to TipRanks.com, Seifman 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 GE Aerospace with a $180.93 average price target, representing an 11.0% upside. In a report issued on April 29, Jefferies also assigned a Buy rating to the stock with a $185.00 price target.
Parker Hannifin (PH)
In a report released today, Stephen Volkmann from Jefferies maintained a Buy rating on Parker Hannifin, with a price target of $630.00. The company’s shares closed last Thursday at $539.49, close to its 52-week high of $570.15.
According to TipRanks.com, Volkmann is a top 100 analyst with an average return of
Currently, the analyst consensus on Parker Hannifin is a Strong Buy with an average price target of $605.00, representing a 9.7% upside. In a report issued on May 2, Robert W. Baird also maintained a Buy rating on the stock with a $622.00 price target.
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