Analysts Are Bullish on Top Industrial Goods Stocks: Acuity Brands (AYI), Verisk Analytics (VRSK)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Acuity Brands (AYI – Research Report), Verisk Analytics (VRSK – Research Report) and Generac Holdings (GNRC – Research Report) with bullish sentiments.
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Acuity Brands (AYI)
In a report released today, Joe O’Dea from Wells Fargo maintained a Buy rating on Acuity Brands, with a price target of $385.00. The company’s shares closed last Thursday at $322.26.
According to TipRanks.com, O’Dea is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Acuity Brands with a $415.00 average price target, representing a 21.4% upside. In a report issued on December 30, William Blair also maintained a Buy rating on the stock.
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Verisk Analytics (VRSK)
Wells Fargo analyst Jason Haas CFA maintained a Buy rating on Verisk Analytics today and set a price target of $280.00. The company’s shares closed last Thursday at $222.85, close to its 52-week low of $217.34.
According to TipRanks.com, CFA is ranked #951 out of 10401 analysts.
Currently, the analyst consensus on Verisk Analytics is a Moderate Buy with an average price target of $250.67, a 14.7% upside from current levels. In a report issued on January 6, RBC Capital also maintained a Buy rating on the stock with a $250.00 price target.
Generac Holdings (GNRC)
Wells Fargo analyst Praneeth Satish maintained a Buy rating on Generac Holdings today and set a price target of $185.00. The company’s shares closed last Thursday at $148.79.
Satish has an average return of
According to TipRanks.com, Satish is ranked #2419 out of 10401 analysts.
Currently, the analyst consensus on Generac Holdings is a Strong Buy with an average price target of $207.67, which is a 42.9% upside from current levels. In a report released yesterday, Citi also upgraded the stock to Buy with a $207.00 price target.
