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Analysts Offer Insights on Industrial Goods Companies: Allegiant Travel Company (ALGT), Acuity Brands (AYI) and Cintas (CTAS)

Tipranks - Tipranks - Sat Oct 3, 7:24AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Allegiant Travel Company (ALGT), Acuity Brands (AYI) and Cintas (CTAS).

Allegiant Travel Company (ALGT)

Goldman Sachs analyst Catherine O’Brien maintained a Buy rating on Allegiant Travel Company yesterday and set a price target of $137.00. The company’s shares closed last Thursday at $75.46.

According to TipRanks.com, O’Brien is a 1-star analyst with an average return of -1.3% and a 52.5% success rate. O’Brien covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Southwest Airlines, and American Airlines. ;'>

Allegiant Travel Company has an analyst consensus of Moderate Buy, with a price target consensus of $128.73, implying a 70.5% upside from current levels. In a report issued on September 28, Barclays also maintained a Buy rating on the stock with a $115.00 price target.

See the top stocks recommended by analysts >>

Acuity Brands (AYI)

Goldman Sachs analyst Brian K. Lee maintained a Hold rating on Acuity Brands yesterday and set a price target of $345.00. The company’s shares closed last Thursday at $299.28.

According to TipRanks.com, Lee is a 1-star analyst with an average return of -1.0% and a 42.0% success rate. Lee covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies. ;'>

Acuity Brands has an analyst consensus of Hold, with a price target consensus of $371.67, representing a 21.3% upside. In a report issued on September 28, William Blair also downgraded the stock to Hold.

Cintas (CTAS)

Truist Financial analyst Jasper Bibb reiterated a Buy rating on Cintas today. The company’s shares closed last Thursday at $195.60.

According to TipRanks.com, Bibb is a 4-star analyst with an average return of 6.9% and a 55.3% success rate. Bibb covers the Industrial Goods sector, focusing on stocks such as Matthews International, ARAMARK Holdings, and ABM Industries. ;'>

Cintas has an analyst consensus of Moderate Buy, with a price target consensus of $222.08, which is a 13.6% upside from current levels. In a report issued on September 28, TipRanks – Anthropic also upgraded the stock to Buy with a $226.00 price target.

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