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Analysts Offer Insights on Industrial Goods Companies: Emerson Electric Company (EMR) and Xometry (XMTR)

Tipranks - Tipranks - Thu Apr 9, 9:08PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Emerson Electric Company (EMR) and Xometry (XMTR) with bullish sentiments.

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Emerson Electric Company (EMR)

In a report issued on April 7, Deane Dray from RBC Capital maintained a Buy rating on Emerson Electric Company, with a price target of $161.00. The company’s shares closed last Wednesday at $142.66.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 12.8% and a 60.3% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Honeywell International, and Mueller Water Products. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emerson Electric Company with a $163.06 average price target, a 15.4% upside from current levels. In a report issued on March 31, Jefferies also upgraded the stock to Buy with a $175.00 price target.

See the top stocks recommended by analysts >>

Xometry (XMTR)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Xometry yesterday. The company’s shares closed last Wednesday at $44.37, close to its 52-week high of $45.33.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 12.3% and a 49.4% success rate. Palm covers the Technology sector, focusing on stocks such as Digital Turbine, Bel Fuse Inc, and 3D Systems. ;'>

Xometry has an analyst consensus of Moderate Buy, with a price target consensus of $58.75.

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