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Analysts Are Bullish on These Industrial Goods Stocks: Boeing (BA), Primoris Services (PRIM)

Tipranks - Tipranks - Thu Jun 11, 5:48AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Boeing (BA) and Primoris Services (PRIM) with bullish sentiments.

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Boeing (BA)

UBS analyst Gavin Parsons maintained a Buy rating on Boeing yesterday and set a price target of $285.00. The company’s shares closed last Tuesday at $214.51.

According to TipRanks.com, Parsons is a 4-star analyst with an average return of 10.3% and a 63.4% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, StandardAero, Inc., and General Dynamics. ;'>

Boeing has an analyst consensus of Strong Buy, with a price target consensus of $274.14, implying a 26.6% upside from current levels. In a report issued on May 25, Jefferies also maintained a Buy rating on the stock with a $295.00 price target.

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Primoris Services (PRIM)

In a report released yesterday, Steven Fisher from UBS maintained a Buy rating on Primoris Services, with a price target of $186.00. The company’s shares closed last Tuesday at $103.90.

Fisher has an average return of 5.1% when recommending Primoris Services. ;'>

According to TipRanks.com, Fisher is ranked #1626 out of 12296 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Primoris Services with a $151.00 average price target, representing a 28.4% upside. In a report issued on May 27, TipRanks – PerPlexity also upgraded the stock to Buy with a $144.00 price target.

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