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Analysts Offer Insights on Industrial Goods Companies: Broadwind Energy (BWEN), Blink Charging Co (BLNK) and Enovix (ENVX)

Tipranks - Wed May 13, 3:56PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Broadwind Energy (BWEN), Blink Charging Co (BLNK) and Enovix (ENVX) with bullish sentiments.

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Broadwind Energy (BWEN)

Craig-Hallum analyst Eric Stine maintained a Buy rating on Broadwind Energy yesterday. The company’s shares closed last Tuesday at $4.41, close to its 52-week high of $4.65.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 20.0% and a 44.5% 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 Broadwind Energy with a $4.50 average price target, implying an 89.1% upside from current levels. In a report issued on May 6, Roth MKM also reiterated a Buy rating on the stock with a $3.00 price target.

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Blink Charging Co (BLNK)

Roth MKM analyst Craig Irwin reiterated a Buy rating on Blink Charging Co today and set a price target of $2.00. The company’s shares closed last Tuesday at $0.90, close to its 52-week low of $0.87.

According to TipRanks.com, Irwin is a 5-star analyst with an average return of 15.0% and a 48.6% success rate. Irwin covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Flux Power Holdings, and Willdan Group. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blink Charging Co with a $2.65 average price target, implying a 156.0% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $5.00 price target.

Enovix (ENVX)

Craig-Hallum analyst Anthony Stoss maintained a Buy rating on Enovix yesterday. The company’s shares closed last Tuesday at $6.97, close to its 52-week low of $5.70.

According to TipRanks.com, Stoss is a 5-star analyst with an average return of 11.4% and a 49.9% success rate. Stoss covers the Technology sector, focusing on stocks such as indie Semiconductor, STMicroelectronics, and Skyworks Solutions. ;'>

Enovix has an analyst consensus of Moderate Buy, with a price target consensus of $13.25, which is an 89.0% upside from current levels. In a report issued on May 5, Canaccord Genuity also maintained a Buy rating on the stock with a $15.00 price target.

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