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Analysts Offer Insights on Industrial Goods Companies: Canadian Pacific Kansas City (CP) and JB Hunt (JBHT)

Tipranks - Sat Jan 17, 7:44AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Canadian Pacific Kansas City (CPResearch Report) and JB Hunt (JBHTResearch Report).

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Canadian Pacific Kansas City (CP)

In a report released today, Nathan Martin from Benchmark Co. maintained a Hold rating on Canadian Pacific Kansas City. The company’s shares closed last Thursday at $72.39, close to its 52-week low of $69.28.

According to TipRanks.com, Martin is a 5-star analyst with an average return of 24.5% and a 66.9% success rate. Martin covers the Basic Materials sector, focusing on stocks such as Alpha Metallurgical Resources, Ramaco Resources, and Warrior Met Coal. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Canadian Pacific Kansas City with a $85.98 average price target.

See the top stocks recommended by analysts >>

JB Hunt (JBHT)

Benchmark Co. analyst Christopher Kuhn maintained a Buy rating on JB Hunt today and set a price target of $212.00. The company’s shares closed last Thursday at $206.52.

According to TipRanks.com, Kuhn is a 5-star analyst with an average return of 16.2% and a 67.2% success rate. Kuhn covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Old Dominion Freight. ;'>

JB Hunt has an analyst consensus of Moderate Buy, with a price target consensus of $211.14, a 2.2% upside from current levels. In a report issued on January 8, Susquehanna also upgraded the stock to Buy with a $240.00 price target.

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