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Analysts Offer Insights on Industrial Goods Companies: Ballard Power Systems (BLDP) and Carrier Global (CARR)

Tipranks - Sat Mar 14, 4:18AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Ballard Power Systems (BLDPResearch Report) and Carrier Global (CARRResearch Report).

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Ballard Power Systems (BLDP)

KeyBanc analyst Sangita Jain maintained a Hold rating on Ballard Power Systems today. The company’s shares closed last Thursday at $2.42.

According to TipRanks.com, Jain is a 5-star analyst with an average return of 15.9% and a 52.9% success rate. Jain covers the Industrial Goods sector, focusing on stocks such as Primoris Services, Aecom Technology, and Jacobs Solutions. ;'>

Ballard Power Systems has an analyst consensus of Hold, with a price target consensus of $2.83, which is a 29.5% upside from current levels. In a report issued on March 11, National Bank also maintained a Hold rating on the stock with a $3.15 price target.

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Carrier Global (CARR)

In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Carrier Global, with a price target of $72.00. The company’s shares closed last Thursday at $56.49, close to its 52-week low of $53.33.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 15.3% and a 64.5% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Carrier Global has an analyst consensus of Moderate Buy, with a price target consensus of $70.00, representing a 20.6% upside. In a report issued on February 26, Jefferies also reiterated a Buy rating on the stock with a $90.00 price target.

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