This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Conflicted on These Industrial Goods Names: BWX Technologies (BWXT), Ballard Power Systems (BLDP) and Rocket Lab USA (RKLB)

Tipranks - Wed Aug 5, 7:02AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on BWX Technologies (BWXT), Ballard Power Systems (BLDP) and Rocket Lab USA (RKLB).

Claim 55% Off TipRanks

BWX Technologies (BWXT)

In a report released today, Jed Dorsheimer from William Blair reiterated a Buy rating on BWX Technologies. The company’s shares closed last Monday at $173.79.

According to TipRanks.com, Dorsheimer is a 5-star analyst with an average return of 22.8% and a 47.9% success rate. Dorsheimer covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Axcelis Technologies, and STMicroelectronics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BWX Technologies with a $237.83 average price target, which is a 41.9% upside from current levels. In a report issued on July 27, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $230.00 price target.

See today’s best-performing stocks on TipRanks >>

Ballard Power Systems (BLDP)

BMO Capital analyst Ameet Thakkar reiterated a Sell rating on Ballard Power Systems yesterday and set a price target of $2.10. The company’s shares closed last Monday at $2.67.

According to TipRanks.com, Thakkar is ranked #11544 out of 12417 analysts.

Ballard Power Systems has an analyst consensus of Hold, with a price target consensus of $3.77, a 39.1% upside from current levels. In a report issued on July 30, TipRanks – Anthropic also downgraded the stock to Sell with a C$3.50 price target.

Rocket Lab USA (RKLB)

Clear Street analyst Gregory Pendy reiterated a Buy rating on Rocket Lab USA yesterday and set a price target of $129.00. The company’s shares closed last Monday at $70.43.

According to TipRanks.com, Pendy is ranked #8354 out of 12417 analysts.

Currently, the analyst consensus on Rocket Lab USA is a Strong Buy with an average price target of $111.13, a 75.4% upside from current levels. In a report issued on July 27, KGI Securities also upgraded the stock to Buy with a $107.00 price target.

Read More on BWXT:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.