Skip to main content
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: Carrier Global (CARR), Builders Firstsource (BLDR) and Gates Industrial (GTES)

Tipranks - Wed Apr 15, 12:22PM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Carrier Global (CARR), Builders Firstsource (BLDR) and Gates Industrial (GTES).

Claim 30% Off TipRanks

Carrier Global (CARR)

Citi analyst Andrew Kaplowitz maintained a Buy rating on Carrier Global yesterday and set a price target of $72.00. The company’s shares closed last Tuesday at $64.45.

According to TipRanks.com, Kaplowitz is a top 100 analyst with an average return of 25.8% and a 69.8% success rate. Kaplowitz covers the Industrial Goods sector, focusing on stocks such as Mayville Engineering Company, Atkore International Group, and Emerson Electric Company. ;'>

Currently, the analyst consensus on Carrier Global is a Moderate Buy with an average price target of $71.50, representing an 11.2% upside. In a report released yesterday, Evercore ISI also initiated coverage with a Buy rating on the stock with a $75.00 price target.

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

Builders Firstsource (BLDR)

In a report released yesterday, Susan Maklari from Goldman Sachs maintained a Buy rating on Builders Firstsource, with a price target of $110.00. The company’s shares closed last Tuesday at $88.17.

According to TipRanks.com, Maklari is a 3-star analyst with an average return of 0.9% and a 49.0% success rate. Maklari covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Worthington Industries, and Carlisle Companies. ;'>

Currently, the analyst consensus on Builders Firstsource is a Moderate Buy with an average price target of $120.00, which is a 37.1% upside from current levels. In a report issued on April 8, Barclays also maintained a Buy rating on the stock with a $114.00 price target.

Gates Industrial (GTES)

In a report released yesterday, Jerry Revich from Wells Fargo maintained a Hold rating on Gates Industrial, with a price target of $29.00. The company’s shares closed last Tuesday at $26.25.

According to TipRanks.com, Revich is a 5-star analyst with an average return of 8.7% and a 56.7% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, EquipmentShare.com, Inc., and Manitowoc Company. ;'>

Currently, the analyst consensus on Gates Industrial is a Strong Buy with an average price target of $31.38, representing a 21.6% upside. In a report issued on April 10, Morgan Stanley also maintained a Hold rating on the stock with a $27.00 price target.

Read More on CARR:

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.