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Analysts Offer Insights on Industrial Goods Companies: Electrovaya (ELVA), Kelly Services (KELYA) and AZZ (AZZ)

Tipranks - Tipranks - Sat Apr 25, 8:42AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Electrovaya (ELVA), Kelly Services (KELYA) and AZZ (AZZ) with bullish sentiments.

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Electrovaya (ELVA)

In a report released today, Eric Stine from Craig-Hallum reiterated a Buy rating on Electrovaya. The company’s shares closed last Friday at $10.24.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 19.2% and a 46.5% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, American Superconductor, and PureCycle Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Electrovaya with a $11.25 average price target, which is a 10.8% upside from current levels. In a report issued on April 15, TipRanks – PerPlexity also upgraded the stock to Buy with a C$13.00 price target.

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Kelly Services (KELYA)

Noble Financial analyst Joe Gomes maintained a Buy rating on Kelly Services today and set a price target of $17.00. The company’s shares closed last Friday at $9.46.

According to TipRanks.com, Gomes is a 4-star analyst with an average return of 5.0% and a 44.4% success rate. Gomes covers the Industrial Goods sector, focusing on stocks such as Resources Connection, Titan International, and Kratos Defense. ;'>

Kelly Services has an analyst consensus of Moderate Buy, with a price target consensus of $16.00.

AZZ (AZZ)

In a report released today, Mark Reichman from Noble Financial maintained a Buy rating on AZZ, with a price target of $165.00. The company’s shares closed last Friday at $147.60.

Reichman has an average return of 33.0% when recommending AZZ. ;'>

According to TipRanks.com, Reichman is ranked #11723 out of 12209 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AZZ with a $152.80 average price target, representing a 4.2% upside. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Buy with a $148.00 price target.

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