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Analysts Offer Insights on Industrial Goods Companies: NuScale Power (SMR), Canadian National Railway (CNI) and Ceco Environmental (CECO)

Tipranks - Wed Feb 25, 7:17AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on NuScale Power (SMRResearch Report), Canadian National Railway (CNIResearch Report) and Ceco Environmental (CECOResearch Report) with bullish sentiments.

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NuScale Power (SMR)

Cantor Fitzgerald analyst Derek Soderberg reiterated a Buy rating on NuScale Power today and set a price target of $20.00. The company’s shares closed last Monday at $12.60.

According to TipRanks.com, Soderberg is ranked #5903 out of 12136 analysts.

Currently, the analyst consensus on NuScale Power is a Moderate Buy with an average price target of $21.06, a 60.5% upside from current levels. In a report issued on February 13, Craig-Hallum also maintained a Buy rating on the stock.

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Canadian National Railway (CNI)

In a report issued on February 20, Ariel Rosa from Citi maintained a Buy rating on Canadian National Railway, with a price target of $115.00. The company’s shares closed last Monday at $110.09.

According to TipRanks.com, Rosa is a 5-star analyst with an average return of 19.2% and a 77.7% success rate. Rosa covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Knight Transportation, and Old Dominion Freight. ;'>

Canadian National Railway has an analyst consensus of Moderate Buy, with a price target consensus of $111.12, which is a 0.4% upside from current levels. In a report issued on February 9, TD Cowen also maintained a Buy rating on the stock with a C$164.00 price target.

Ceco Environmental (CECO)

Northland Securities analyst Bobby Brooks maintained a Buy rating on Ceco Environmental today and set a price target of $73.00. The company’s shares closed last Monday at $77.68.

According to TipRanks.com, Brooks is a 5-star analyst with an average return of 47.8% and a 71.7% success rate. Brooks covers the Industrial Goods sector, focusing on stocks such as Innovative Solutions And Support, Tetra Technologies, and Crane NXT. ;'>

Ceco Environmental has an analyst consensus of Strong Buy, with a price target consensus of $74.00, implying a -5.1% downside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock.

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