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Analysts Are Bullish on Top Industrial Goods Stocks: CAE (CAE), Carlisle Companies (CSL)

Tipranks - Tue Apr 21, 7:22AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on CAE (CAE) and Carlisle Companies (CSL) with bullish sentiments.

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CAE (CAE)

In a report released today, Daryl Young from Stifel Nicolaus maintained a Buy rating on CAE, with a price target of C$50.00. The company’s shares closed last Friday at $26.88, close to its 52-week high of $27.62.

According to TipRanks.com, Young is ranked #2403 out of 12208 analysts.

CAE has an analyst consensus of Moderate Buy, with a price target consensus of $35.40, which is a 29.1% upside from current levels. In a report issued on April 15, BMO Capital also assigned a Buy rating to the stock with a C$50.00 price target.

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Carlisle Companies (CSL)

Oppenheimer analyst Bryan Blair maintained a Buy rating on Carlisle Companies today and set a price target of $420.00. The company’s shares closed last Friday at $361.70.

According to TipRanks.com, Blair is a 5-star analyst with an average return of 19.3% and a 66.7% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Advanced Drainage Systems, and Watts Water Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carlisle Companies with a $421.00 average price target, implying a 20.9% upside from current levels. In a report issued on April 5, TipRanks – PerPlexity also upgraded the stock to Buy with a $392.00 price target.

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