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Wall Street Analysts Are Neutral on Top Industrial Goods Picks

Tipranks - Sat Jun 27, 6:44AM CDT

Analysts fell to the sidelines weighing in on FedEx Freight Holding Company (FDXF) and Cintas (CTAS) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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FedEx Freight Holding Company (FDXF)

In a report released today, Fadi Chamoun from BMO Capital maintained a Hold rating on FedEx Freight Holding Company, with a price target of $150.00. The company’s shares closed last Thursday at $158.53.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 17.4% and a 66.7% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Old Dominion Freight. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FedEx Freight Holding Company with a $174.17 average price target, representing an 8.2% upside. In a report released today, Truist Financial also maintained a Hold rating on the stock.

See today’s best-performing stocks on TipRanks >>

Cintas (CTAS)

In a report released today, Connor Cerniglia from Bernstein maintained a Hold rating on Cintas, with a price target of $200.00. The company’s shares closed last Thursday at $169.09, close to its 52-week low of $162.16.

According to TipRanks.com, Cerniglia is a 1-star analyst with an average return of -1.5% and a 38.1% success rate. Cerniglia covers the Industrial Goods sector, focusing on stocks such as Republic Services, Waste Connections, and Fastenal Company. ;'>

Currently, the analyst consensus on Cintas is a Moderate Buy with an average price target of $215.25.

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