Analysts’ Top Industrial Goods Picks: Cummins (CMI), Deere (DE)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Cummins (CMI), Deere (DE) and Seanergy Maritime (SHIP) with bullish sentiments.
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Cummins (CMI)
In a report released today, Angel Castillo from Morgan Stanley reiterated a Buy rating on Cummins, with a price target of $752.00. The company’s shares closed last Friday at $642.97.
According to TipRanks.com, Castillo is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cummins with a $749.20 average price target, a 17.3% upside from current levels. In a report issued on May 11, Evercore ISI also maintained a Buy rating on the stock with a $845.00 price target.
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Deere (DE)
In a report released yesterday, Michael Shlisky from D.A. Davidson maintained a Buy rating on Deere, with a price target of $685.00. The company’s shares closed last Friday at $530.54.
According to TipRanks.com, Shlisky is a 4-star analyst with an average return of
Currently, the analyst consensus on Deere is a Moderate Buy with an average price target of $598.91, which is a 12.7% upside from current levels. In a report issued on May 11, ATB Cormark Capital Markets also maintained a Buy rating on the stock with a C$11.50 price target.
Seanergy Maritime (SHIP)
Noble Financial analyst Mark Reichman maintained a Buy rating on Seanergy Maritime today and set a price target of $21.00. The company’s shares closed last Friday at $15.53.
Reichman has an average return of
According to TipRanks.com, Reichman is ranked #11796 out of 12258 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Seanergy Maritime with a $19.00 average price target, a 22.3% upside from current levels. In a report issued on May 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $18.00 price target.
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