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Analysts Offer Insights on Industrial Goods Companies: DroneShield Limited (OtherDRSHF) and GrafTech International (EAF)

Tipranks - Thu Jan 22, 8:32PM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on DroneShield Limited (DRSHFResearch Report) and GrafTech International (EAFResearch Report).

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DroneShield Limited (DRSHF)

In a report released yesterday, Baxter Kirk from Bell Potter maintained a Buy rating on DroneShield Limited, with a price target of A$4.00. The company’s shares closed last Wednesday at $2.94.

Kirk has an average return of 12.0% when recommending DroneShield Limited. ;'>

According to TipRanks.com, Kirk is ranked #2600 out of 12040 analysts.

DroneShield Limited has an analyst consensus of Moderate Buy, with a price target consensus of $3.02, implying a 9.0% upside from current levels. In a report issued on January 15, TipRanks – Google also upgraded the stock to Buy with a A$4.50 price target.

See the top stocks recommended by analysts >>

GrafTech International (EAF)

In a report released yesterday, Arun Viswanathan from RBC Capital maintained a Hold rating on GrafTech International, with a price target of $21.00. The company’s shares closed last Wednesday at $17.70.

According to TipRanks.com, Viswanathan is a 3-star analyst with an average return of 0.8% and a 53.8% success rate. Viswanathan covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems. ;'>

Currently, the analyst consensus on GrafTech International is a Hold with an average price target of $16.25, representing a -4.8% downside. In a report issued on January 18, J.P. Morgan also maintained a Hold rating on the stock with a $15.00 price target.

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