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Analysts Offer Insights on Industrial Goods Companies: AeroVironment (AVAV), Elis SA (OtherELSSF) and Canadian National Railway (CNI)

Tipranks - Thu Mar 12, 6:10AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on AeroVironment (AVAVResearch Report), Elis SA (ELSSFResearch Report) and Canadian National Railway (CNIResearch Report) with bullish sentiments.

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AeroVironment (AVAV)

Piper Sandler analyst Clarke Jeffries maintained a Buy rating on AeroVironment today and set a price target of $290.00. The company’s shares closed last Tuesday at $221.57, close to its 52-week high of $236.60.

According to TipRanks.com, Jeffries is a 1-star analyst with an average return of -0.7% and a 44.0% success rate. Jeffries covers the Technology sector, focusing on stocks such as Palantir Technologies, Tyler Technologies, and Roper Technologies. ;'>

AeroVironment has an analyst consensus of Strong Buy, with a price target consensus of $342.46, a 52.4% upside from current levels. In a report issued on February 26, William Blair also maintained a Buy rating on the stock.

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Elis SA (ELSSF)

In a report released today, Annelies Vermeulen from Morgan Stanley maintained a Buy rating on Elis SA, with a price target of EUR28.00. The company’s shares closed last Wednesday at $28.50.

Vermeulen has an average return of 14.4% when recommending Elis SA. ;'>

According to TipRanks.com, Vermeulen is ranked #8429 out of 12124 analysts.

Currently, the analyst consensus on Elis SA is a Strong Buy with an average price target of $33.93.

Canadian National Railway (CNI)

In a report released today, Walter Spracklin from RBC Capital maintained a Buy rating on Canadian National Railway, with a price target of C$151.00. The company’s shares closed last Tuesday at $106.42.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 17.6% and a 68.6% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, TFI International, and Norfolk Southern. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian National Railway with a $111.77 average price target, a 4.7% upside from current levels. In a report issued on March 1, TipRanks – Google also upgraded the stock to Buy with a C$171.00 price target.

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