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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Cummins (CMI), Ameresco (AMRC) and Allegiant Travel Company (ALGT)

Tipranks - Tipranks - Thu Aug 6, 6:14AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Cummins (CMI), Ameresco (AMRC) and Allegiant Travel Company (ALGT).

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Cummins (CMI)

In a report released yesterday, Kyle Menges from Citi maintained a Buy rating on Cummins, with a price target of $790.00. The company’s shares closed last Tuesday at $635.96.

According to TipRanks.com, Menges is a 5-star analyst with an average return of 31.8% and a 85.5% success rate. Menges covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Timken Company, and CNH Industrial. ;'>

Cummins has an analyst consensus of Moderate Buy, with a price target consensus of $780.92, a 34.9% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $760.00 price target.

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Ameresco (AMRC)

In a report released today, Jon Windham from UBS maintained a Hold rating on Ameresco, with a price target of $32.00. The company’s shares closed last Tuesday at $27.94.

According to TipRanks.com, Windham is a 4-star analyst with an average return of 9.4% and a 52.6% success rate. Windham covers the Industrial Goods sector, focusing on stocks such as Republic Services, Waste Connections, and Generac Holdings. ;'>

Currently, the analyst consensus on Ameresco is a Moderate Buy with an average price target of $45.75, implying a 43.3% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Hold with a $22.00 price target.

Allegiant Travel Company (ALGT)

UBS analyst Atul Maheswari maintained a Hold rating on Allegiant Travel Company today and set a price target of $111.00. The company’s shares closed last Tuesday at $105.09, close to its 52-week high of $107.57.

According to TipRanks.com, Maheswari is a 3-star analyst with an average return of 2.2% and a 63.6% success rate. Maheswari covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Frontier Group Holdings, and Southwest Airlines. ;'>

Allegiant Travel Company has an analyst consensus of Moderate Buy, with a price target consensus of $136.45, implying a 28.0% upside from current levels. In a report issued on July 23, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $103.00 price target.

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