This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Top Industrial Goods Picks: Corporacion America Airports SA (CAAP), Air Canada (ACDVF)

Tipranks - Mon May 18, 8:44AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Corporacion America Airports SA (CAAP), Air Canada (ACDVF) and Copa Holdings (CPA) with bullish sentiments.

Claim 55% Off TipRanks

Corporacion America Airports SA (CAAP)

In a report issued on May 15, Carlos Peyrelongue from Bank of America Securities maintained a Buy rating on Corporacion America Airports SA. The company’s shares closed last Friday at $23.86.

Peyrelongue has an average return of 9.5% when recommending Corporacion America Airports SA. ;'>

According to TipRanks.com, Peyrelongue is ranked #5678 out of 12240 analysts.

Corporacion America Airports SA has an analyst consensus of Moderate Buy, with a price target consensus of $36.00.

See Insiders’ Hot Stocks on TipRanks >>

Air Canada (ACDVF)

In a report issued on May 15, Andrew Didora from Bank of America Securities maintained a Buy rating on Air Canada. The company’s shares closed last Friday at $13.95.

According to TipRanks.com, Didora is a 2-star analyst with an average return of 0.0% and a 52.0% success rate. Didora covers the NA sector, focusing on stocks such as Life Time Group Holdings, Camping World Holdings, and Norwegian Cruise Line. ;'>

Currently, the analyst consensus on Air Canada is a Moderate Buy with an average price target of $16.57, which is a 22.1% upside from current levels. In a report issued on April 30, RBC Capital also maintained a Buy rating on the stock with a C$22.00 price target.

Copa Holdings (CPA)

In a report released today, Daniel Mckenzie from Seaport Global maintained a Buy rating on Copa Holdings, with a price target of $171.00. The company’s shares closed last Friday at $131.72.

According to TipRanks.com, Mckenzie is a 3-star analyst with an average return of 1.3% and a 49.5% success rate. Mckenzie covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Allegiant Travel Company, and Southwest Airlines. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Copa Holdings with a $165.29 average price target, representing a 24.0% upside. In a report issued on May 14, TipRanks – xAI also upgraded the stock to Buy with a $129.00 price target.

Read More on CAAP:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.