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Analysts’ Top Industrial Goods Picks: American Superconductor (AMSC), Plug Power (PLUG)

Tipranks - Tipranks - Thu Feb 5, 9:38AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on American Superconductor (AMSC – Research Report) and Plug Power (PLUG – Research Report) with bullish sentiments.

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American Superconductor (AMSC)

Craig-Hallum analyst Christian Schwab maintained a Buy rating on American Superconductor today. The company’s shares closed last Wednesday at $28.60.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 17.7% and a 60.6% success rate. Schwab covers the Technology sector, focusing on stocks such as Axcelis Technologies, Ultra Clean Holdings, and Applied Materials. ;'>

American Superconductor has an analyst consensus of Strong Buy, with a price target consensus of $58.33, representing a 93.8% upside. In a report issued on January 27, Oppenheimer also maintained a Buy rating on the stock with a $68.00 price target.

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Plug Power (PLUG)

Craig-Hallum analyst Eric Stine maintained a Buy rating on Plug Power today. The company’s shares closed last Wednesday at $2.09.

According to TipRanks.com, Stine is a 4-star analyst with an average return of 11.1% and a 40.2% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as American Superconductor, PureCycle Technologies, and Orion Energy Systems. ;'>

Plug Power has an analyst consensus of Hold, with a price target consensus of $2.63.

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