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Analysts Offer Insights on Industrial Goods Companies: Acacia Research (ACTG), Kongsberg Gruppen (OtherNSKFF) and Transcat (TRNS)

Tipranks - Wed Mar 11, 11:46AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Acacia Research (ACTGResearch Report), Kongsberg Gruppen (NSKFFResearch Report) and Transcat (TRNSResearch Report).

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Acacia Research (ACTG)

In a report released today, Anthony Stoss from Craig-Hallum maintained a Buy rating on Acacia Research. The company’s shares closed last Tuesday at $4.23.

According to TipRanks.com, Stoss is a 4-star analyst with an average return of 5.5% and a 47.2% success rate. Stoss covers the Technology sector, focusing on stocks such as indie Semiconductor, STMicroelectronics, and Skyworks Solutions. ;'>

The the analyst consensus on Acacia Research is currently a Moderate Buy rating.

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Kongsberg Gruppen (NSKFF)

In a report released today, Marie-Ange Riggio from Morgan Stanley maintained a Hold rating on Kongsberg Gruppen, with a price target of NOK360.00. The company’s shares closed last Tuesday at $40.56.

According to TipRanks.com, Riggio is ranked #1520 out of 12122 analysts.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Kongsberg Gruppen with a $36.29 average price target.

Transcat (TRNS)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Transcat. The company’s shares closed last Tuesday at $71.73, close to its 52-week low of $67.56.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 13.5% and a 50.4% success rate. Palm covers the Technology sector, focusing on stocks such as Frequency Electronics, Digital Turbine, and Bel Fuse Inc. ;'>

Currently, the analyst consensus on Transcat is a Strong Buy with an average price target of $100.00, a 41.2% upside from current levels. In a report issued on February 23, TipRanks – PerPlexity also upgraded the stock to Buy with a $88.00 price target.

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