There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Archer Aviation (ACHR – Research Report), Owens Corning (OC – Research Report) and Bloom Energy (BE – Research Report) with bullish sentiments.
Archer Aviation (ACHR)
In a report released today, Josh Sullivan from Benchmark Co. maintained a Buy rating on Archer Aviation, with a price target of $12.00. The company’s shares closed last Monday at $3.67.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of
Currently, the analyst consensus on Archer Aviation is a Strong Buy with an average price target of $8.10, an 118.3% upside from current levels. In a report issued on May 10, Canaccord Genuity also maintained a Buy rating on the stock with a $9.00 price target.
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Owens Corning (OC)
RBC Capital analyst Michael Dahl maintained a Buy rating on Owens Corning yesterday and set a price target of $201.00. The company’s shares closed last Monday at $176.86, close to its 52-week high of $181.50.
According to TipRanks.com, Dahl is a 5-star analyst with an average return of
Owens Corning has an analyst consensus of Moderate Buy, with a price target consensus of $177.38.
Bloom Energy (BE)
RBC Capital analyst Chris Dendrinos maintained a Buy rating on Bloom Energy yesterday and set a price target of $14.00. The company’s shares closed last Monday at $12.92.
According to TipRanks.com, Dendrinos has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Bloom Energy is a Moderate Buy with an average price target of $14.42, which is a 15.1% upside from current levels. In a report issued on May 9, Evercore ISI also maintained a Buy rating on the stock with a $20.00 price target.
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Read More on ACHR:
- Archer Aviation enters pilot training MOU with Etihad Training
- Archer Aviation price target lowered to $4.50 from $6.50 at Barclays
- Archer Aviation reports Q1 net loss of ($116.5M)
- Archer Aviation price target lowered to $5 from $7 at JPMorgan
- Archer in ‘multi-hundred-million’ deal for commercialization of air taxis in UAE
