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Analysts Offer Insights on Industrial Goods Companies: Otis Worldwide (OTIS), HEICO (HEI) and Brookfield Business Partners (BBU)

Tipranks - Tue Feb 3, 6:08AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Otis Worldwide (OTISResearch Report), HEICO (HEIResearch Report) and Brookfield Business Partners (BBUResearch Report) with bullish sentiments.

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Otis Worldwide (OTIS)

RBC Capital analyst Nicholas Housden reiterated a Buy rating on Otis Worldwide today and set a price target of $110.00. The company’s shares closed last Friday at $85.42.

Housden has an average return of 6.5% when recommending Otis Worldwide. ;'>

According to TipRanks.com, Housden is ranked #964 out of 12040 analysts.

Currently, the analyst consensus on Otis Worldwide is a Hold with an average price target of $99.20, representing a 14.7% upside. In a report issued on January 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $98.00 price target.

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HEICO (HEI)

RBC Capital analyst Kenneth Herbert maintained a Buy rating on HEICO on January 30 and set a price target of $375.00. The company’s shares closed last Friday at $330.91.

According to TipRanks.com, Herbert is a top 100 analyst with an average return of 27.9% and a 71.7% success rate. Herbert covers the Industrial Goods sector, focusing on stocks such as Amentum Holdings, Inc., L3Harris Technologies, and Karman Holdings Inc. ;'>

Currently, the analyst consensus on HEICO is a Moderate Buy with an average price target of $376.55.

Brookfield Business Partners (BBU)

In a report released today, Bart Dziarski from RBC Capital reiterated a Buy rating on Brookfield Business Partners, with a price target of $44.00. The company’s shares closed last Friday at $35.02.

According to TipRanks.com, Dziarski is a 4-star analyst with an average return of 7.7% and a 75.5% success rate. Dziarski covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Brookfield Corporation, and IGM Financial. ;'>

Currently, the analyst consensus on Brookfield Business Partners is a Strong Buy with an average price target of $37.94.

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