Analysts’ Top Industrial Goods Picks: APi Group (APG), CAE (CAE)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on APi Group (APG – Research Report) and CAE (CAE – Research Report) with bullish sentiments.
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APi Group (APG)
In a report released today, Tim Mulrooney from William Blair maintained a Buy rating on APi Group. The company’s shares closed last Tuesday at $44.43.
According to TipRanks.com, Mulrooney is a 5-star analyst with an average return of
APi Group has an analyst consensus of Strong Buy, with a price target consensus of $47.17, implying a 6.4% upside from current levels. In a report released today, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $52.00 price target.
See today’s best-performing stocks on TipRanks >>
CAE (CAE)
CIBC analyst Krista Friesen maintained a Buy rating on CAE today and set a price target of C$56.00. The company’s shares closed last Tuesday at $30.02.
According to TipRanks.com, Friesen is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CAE with a $35.95 average price target, representing a 20.3% upside. In a report issued on February 3, BMO Capital also maintained a Buy rating on the stock with a C$50.00 price target.
