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Analysts’ Top Industrial Goods Picks: CH Robinson (CHRW), Clean Harbors (CLH)

Tipranks - Fri Jun 12, 4:44AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on CH Robinson (CHRW), Clean Harbors (CLH) and Core & Main (CNM) with bullish sentiments.

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CH Robinson (CHRW)

Bank of America Securities analyst Ken Hoexter reiterated a Buy rating on CH Robinson today and set a price target of $226.00. The company’s shares closed last Wednesday at $185.00.

According to TipRanks.com, Hoexter is a 4-star analyst with an average return of 2.4% and a 50.8% success rate. Hoexter covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, FedEx Freight Holding Company, and Canadian Pacific Kansas City. ;'>

Currently, the analyst consensus on CH Robinson is a Moderate Buy with an average price target of $201.00, representing a 6.5% upside. In a report issued on May 28, Wells Fargo also maintained a Buy rating on the stock with a $215.00 price target.

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Clean Harbors (CLH)

In a report released yesterday, Bryan Burgmeier from Citi maintained a Buy rating on Clean Harbors, with a price target of $346.00. The company’s shares closed last Wednesday at $288.64.

According to TipRanks.com, Burgmeier is ranked #4111 out of 12286 analysts.

Clean Harbors has an analyst consensus of Moderate Buy, with a price target consensus of $325.73, representing a 12.1% upside. In a report issued on May 29, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $337.00 price target.

Core & Main (CNM)

In a report released yesterday, Sam Reid from Wells Fargo maintained a Buy rating on Core & Main, with a price target of $65.00. The company’s shares closed last Wednesday at $49.44.

According to TipRanks.com, Reid is a 3-star analyst with an average return of 2.7% and a 49.7% success rate. Reid covers the Industrial Goods sector, focusing on stocks such as Stanley Black & Decker, Builders Firstsource, and CSW Industrials. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Core & Main with a $59.17 average price target, which is a 13.5% upside from current levels. In a report issued on June 2, TipRanks – PerPlexity also upgraded the stock to Buy with a $55.00 price target.

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