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Analysts Offer Insights on Industrial Goods Companies: ZTO Express (ZTO) and Alaska Air (ALK)

Tipranks - Thu May 28, 6:20AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on ZTO Express (ZTO) and Alaska Air (ALK).

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ZTO Express (ZTO)

Bank of America Securities analyst Fan Tso reiterated a Hold rating on ZTO Express yesterday and set a price target of $25.60. The company’s shares closed last Tuesday at $22.71.

According to TipRanks.com, Tso is ranked #10378 out of 12270 analysts.

Currently, the analyst consensus on ZTO Express is a Strong Buy with an average price target of $27.74, which is a 22.3% upside from current levels. In a report issued on May 23, TipRanks – Anthropic also downgraded the stock to Hold with a $25.00 price target.

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Alaska Air (ALK)

In a report released today, Thomas Fitzgerald CFA from TD Cowen maintained a Buy rating on Alaska Air, with a price target of $51.00. The company’s shares closed last Tuesday at $43.79.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 13.7% and a 65.7% success rate. CFA covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Southwest Airlines, and American Airlines. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alaska Air with a $53.56 average price target, which is a 25.2% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a $56.00 price target.

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