Analysts Are Bullish on These Industrial Goods Stocks: Electrovaya (ELVA), CNH Industrial (CNH)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Electrovaya (ELVA – Research Report), CNH Industrial (CNH – Research Report) and Enovix (ENVX – Research Report) with bullish sentiments.
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Electrovaya (ELVA)
In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Electrovaya. The company’s shares closed last Tuesday at $7.50.
According to TipRanks.com, Stine is a 4-star analyst with an average return of
Electrovaya has an analyst consensus of Strong Buy, with a price target consensus of $10.88, implying a 41.9% upside from current levels. In a report issued on February 9, TipRanks – xAI also upgraded the stock to Buy with a C$13.50 price target.
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CNH Industrial (CNH)
In a report released today, Ted Jackson from Northland Securities maintained a Buy rating on CNH Industrial, with a price target of $16.00. The company’s shares closed last Tuesday at $12.85.
According to TipRanks.com, Jackson is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CNH Industrial with a $13.36 average price target, implying a 3.2% upside from current levels. In a report issued on February 18, Barclays also maintained a Buy rating on the stock with a $11.00 price target.
Enovix (ENVX)
Craig-Hallum analyst Anthony Stoss maintained a Buy rating on Enovix today. The company’s shares closed last Tuesday at $5.91, close to its 52-week low of $5.70.
According to TipRanks.com, Stoss is a 4-star analyst with an average return of
Enovix has an analyst consensus of Moderate Buy, with a price target consensus of $15.33.
