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Analysts Offer Insights on Industrial Goods Companies: Delta Air Lines (DAL), Herc Holdings (HRI) and Matson (MATX)

Tipranks - Fri Jul 10, 4:54AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Delta Air Lines (DAL), Herc Holdings (HRI) and Matson (MATX) with bullish sentiments.

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Delta Air Lines (DAL)

Wells Fargo analyst Christian Wetherbee maintained a Buy rating on Delta Air Lines today and set a price target of $105.00. The company’s shares closed last Wednesday at $87.29.

According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 15.3% and a 63.6% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and United Airlines Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Delta Air Lines with a $103.00 average price target, which is a 18.7% upside from current levels. In a report issued on June 24, Jefferies also maintained a Buy rating on the stock with a $100.00 price target.

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

Herc Holdings (HRI)

Citi analyst Kyle Menges maintained a Buy rating on Herc Holdings yesterday and set a price target of $155.00. The company’s shares closed last Wednesday at $140.06, close to its 52-week low of $119.60.

According to TipRanks.com, Menges is a 5-star analyst with an average return of 31.7% and a 77.2% success rate. Menges covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, United Rentals, and CNH Industrial. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Herc Holdings with a $161.20 average price target.

Matson (MATX)

Stephens analyst Reed Seay maintained a Buy rating on Matson yesterday and set a price target of $240.00. The company’s shares closed last Wednesday at $204.73.

According to TipRanks.com, Seay is a 4-star analyst with an average return of 21.7% and a 100.0% success rate. Seay covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Schneider National. ;'>

Matson has an analyst consensus of Moderate Buy, with a price target consensus of $235.00, a 18.5% upside from current levels. In a report issued on July 4, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $233.00 price target.

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