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Analysts Offer Insights on Industrial Goods Companies: Lincoln Electric Holdings (LECO), A. O. Smith Corporation (AOS) and Trane Technologies (TT)

Tipranks - Sat May 2, 3:24AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Lincoln Electric Holdings (LECO), A. O. Smith Corporation (AOS) and Trane Technologies (TT).

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Lincoln Electric Holdings (LECO)

KeyBanc analyst Steve Barger maintained a Buy rating on Lincoln Electric Holdings today. The company’s shares closed last Thursday at $265.00.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 23.6% and a 68.3% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Park-Ohio Holdings, and Advanced Energy. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lincoln Electric Holdings with a $292.86 average price target, representing a 14.7% upside. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $283.00 price target.

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A. O. Smith Corporation (AOS)

In a report released today, Jeffrey Hammond from KeyBanc maintained a Hold rating on A. O. Smith Corporation. The company’s shares closed last Thursday at $61.84.

According to TipRanks.com, Hammond is a 5-star analyst with an average return of 14.1% and a 64.0% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Advanced Drainage Systems, and Janus International Group. ;'>

A. O. Smith Corporation has an analyst consensus of Hold, with a price target consensus of $74.20, a 14.8% upside from current levels. In a report issued on April 17, TipRanks – Anthropic also downgraded the stock to Hold with a $69.00 price target.

Trane Technologies (TT)

In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Trane Technologies, with a price target of $585.00. The company’s shares closed last Thursday at $492.54.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 16.1% and a 63.3% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trane Technologies with a $507.00 average price target, implying a 3.2% upside from current levels. In a report issued on April 17, TipRanks – xAI also upgraded the stock to Buy with a $525.00 price target.

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