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Analysts Offer Insights on Industrial Goods Companies: CH Robinson (CHRW) and Northrop Grumman (NOC)

Tipranks - Mon Feb 2, 6:24AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on CH Robinson (CHRWResearch Report) and Northrop Grumman (NOCResearch Report).

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CH Robinson (CHRW)

J.P. Morgan analyst Brian Ossenbeck maintained a Buy rating on CH Robinson on January 29 and set a price target of $180.00. The company’s shares closed last Friday at $194.95.

According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 6.9% and a 51.3% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Old Dominion Freight. ;'>

CH Robinson has an analyst consensus of Moderate Buy, with a price target consensus of $192.32, implying a 0.2% upside from current levels. In a report issued on January 29, TipRanks – OpenAI also upgraded the stock to Buy with a $200.00 price target.

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Northrop Grumman (NOC)

In a report issued on January 29, Seth Seifman from J.P. Morgan maintained a Hold rating on Northrop Grumman, with a price target of $740.00. The company’s shares closed last Friday at $692.26.

According to TipRanks.com, Seifman is a 5-star analyst with an average return of 17.7% and a 75.6% success rate. Seifman covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, Firefly Aerospace, Inc., and Amentum Holdings, Inc. ;'>

Currently, the analyst consensus on Northrop Grumman is a Moderate Buy with an average price target of $731.67, representing a 6.3% upside. In a report issued on January 15, TipRanks – xAI also downgraded the stock to Hold with a $672.00 price target.

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