Skip to main content

Analysts Are Bullish on These Industrial Goods Stocks: Waste Management (WM), CH Robinson (CHRW)

Tipranks - Fri Jan 30, 6:56AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Waste Management (WMResearch Report) and CH Robinson (CHRWResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

Waste Management (WM)

Stifel Nicolaus analyst Shlomo Rosenbaum maintained a Buy rating on Waste Management today and set a price target of $236.00. The company’s shares closed last Wednesday at $231.60, close to its 52-week high of $235.81.

According to TipRanks.com, Rosenbaum is a 4-star analyst with an average return of 6.5% and a 56.8% success rate. Rosenbaum covers the Industrial Goods sector, focusing on stocks such as Republic Services, GFL Environmental, and Waste Connections. ;'>

Waste Management has an analyst consensus of Strong Buy, with a price target consensus of $250.64, a 9.0% upside from current levels. In a report issued on January 20, Barclays also maintained a Buy rating on the stock with a $265.00 price target.

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

CH Robinson (CHRW)

Stifel Nicolaus analyst J. Bruce Chan reiterated a Buy rating on CH Robinson today and set a price target of $202.00. The company’s shares closed last Wednesday at $184.28.

According to TipRanks.com, Chan is a 4-star analyst with an average return of 5.4% and a 58.9% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Expeditors International, and Knight Transportation. ;'>

Currently, the analyst consensus on CH Robinson is a Moderate Buy with an average price target of $182.58, which is a 1.3% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $200.00 price target.

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.
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.