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Analysts Offer Insights on Industrial Goods Companies: Allegiant Travel Company (ALGT), Transdigm Group (TDG) and Expeditors International (EXPD)

Tipranks - Tipranks - Thu Aug 6, 7:18AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Allegiant Travel Company (ALGT), Transdigm Group (TDG) and Expeditors International (EXPD).

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Allegiant Travel Company (ALGT)

In a report released today, Ravi Shanker from Morgan Stanley maintained a Hold rating on Allegiant Travel Company, with a price target of $115.00. The company’s shares closed last Tuesday at $105.09, close to its 52-week high of $107.57.

According to TipRanks.com, Shanker is a 3-star analyst with an average return of 1.6% and a 51.6% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, United Airlines Holdings, and Frontier Group Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Allegiant Travel Company with a $136.45 average price target, a 28.0% upside from current levels. In a report released today, UBS also maintained a Hold rating on the stock with a $111.00 price target.

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Transdigm Group (TDG)

UBS analyst Gavin Parsons maintained a Buy rating on Transdigm Group today and set a price target of $1695.00. The company’s shares closed last Tuesday at $1275.05.

According to TipRanks.com, Parsons is a 4-star analyst with an average return of 11.4% and a 69.0% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Howmet Aerospace, and General Dynamics. ;'>

Currently, the analyst consensus on Transdigm Group is a Moderate Buy with an average price target of $1513.20, representing an 11.6% upside. In a report released yesterday, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $1419.00 price target.

Expeditors International (EXPD)

In a report released today, Thomas Wadewitz from UBS maintained a Buy rating on Expeditors International, with a price target of $210.00. The company’s shares closed last Tuesday at $181.48.

According to TipRanks.com, Wadewitz is a 4-star analyst with an average return of 9.1% and a 55.2% success rate. Wadewitz covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Schneider National. ;'>

Currently, the analyst consensus on Expeditors International is a Hold with an average price target of $186.22, which is a 9.5% upside from current levels. In a report issued on July 21, Bank of America Securities also reiterated a Buy rating on the stock with a $189.00 price target.

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