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Analysts’ Top Industrial Goods Picks: Otis Worldwide (OTIS), Brookfield Business Partners (BBU)

Tipranks - Tue Feb 3, 6:25AM 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), Brookfield Business Partners (BBUResearch Report) and Richtech Robotics Inc. Class B (RRResearch Report) with bullish sentiments.

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Otis Worldwide (OTIS)

In a report released today, Nicholas Housden from RBC Capital reiterated a Buy rating on Otis Worldwide, with 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.

The word on The Street in general, suggests a Hold analyst consensus rating for Otis Worldwide with a $99.20 average price target, which is a 14.7% upside from current levels. In a report issued on January 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $98.00 price target.

See the top stocks recommended by analysts >>

Brookfield Business Partners (BBU)

RBC Capital analyst Bart Dziarski reiterated a Buy rating on Brookfield Business Partners today and set 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. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Business Partners with a $37.94 average price target.

Richtech Robotics Inc. Class B (RR)

In a report released today, Scott Buck from H.C. Wainwright reiterated a Buy rating on Richtech Robotics Inc. Class B, with a price target of $6.00. The company’s shares closed last Friday at $3.58.

According to TipRanks.com, Buck is a 4-star analyst with an average return of 7.6% and a 35.2% success rate. Buck covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, GCT Semiconductor Holding, and Lightpath Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Richtech Robotics Inc. Class B with a $6.00 average price target.

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