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Analysts Offer Insights on Industrial Goods Companies: Quest Resource (QRHC), Evolv Technologies Holdings (EVLV) and Transcat (TRNS)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Quest Resource (QRHCResearch Report), Evolv Technologies Holdings (EVLVResearch Report) and Transcat (TRNSResearch Report).

Quest Resource (QRHC)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Quest Resource today. The company’s shares closed last Monday at $9.69.

According to TipRanks.com, Spychalla is a 4-star analyst with an average return of 7.4% and a 68.8% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Orion Group Holdings.

Quest Resource has an analyst consensus of Moderate Buy, with a price target consensus of $13.00, a 37.1% upside from current levels. In a report issued on May 13, Roth MKM also maintained a Buy rating on the stock with a $13.00 price target.

See today’s best-performing stocks on TipRanks >>

Evolv Technologies Holdings (EVLV)

In a report released today, Eric Martinuzzi from Lake Street assigned a Hold rating to Evolv Technologies Holdings, with a price target of $3.50. The company’s shares closed last Monday at $2.76, close to its 52-week low of $2.01.

According to TipRanks.com, Martinuzzi is a 3-star analyst with an average return of 1.5% and a 42.7% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as CommVault Systems, One Stop Systems, and Extreme Networks.

Evolv Technologies Holdings has an analyst consensus of Strong Buy, with a price target consensus of $5.55.

Transcat (TRNS)

In a report released today, Ted Jackson from Northland Securities reiterated a Buy rating on Transcat, with a price target of $125.00. The company’s shares closed last Monday at $124.12, close to its 52-week high of $124.80.

According to TipRanks.com, Jackson is a 3-star analyst with an average return of 6.0% and a 57.8% success rate. Jackson covers the Industrial Goods sector, focusing on stocks such as Hyster-Yale Materials Handling, Mayville Engineering Company, and Northwest Pipe Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Transcat with a $124.67 average price target, which is a 0.7% upside from current levels. In a report released today, Craig-Hallum also assigned a Buy rating to the stock.

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