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Analysts Offer Insights on Industrial Goods Companies: Ehang Holdings (EH) and Enerpac Tool Group (EPAC)

Tipranks - Fri Jun 12, 7:40AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Ehang Holdings (EH) and Enerpac Tool Group (EPAC).

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Ehang Holdings (EH)

J.P. Morgan analyst Beatrice Lam maintained a Hold rating on Ehang Holdings today and set a price target of $9.70. The company’s shares closed last Wednesday at $6.82.

According to TipRanks.com, Lam is ranked #10399 out of 12286 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ehang Holdings with a $12.68 average price target, representing an 82.4% upside. In a report issued on June 4, UBS also downgraded the stock to Hold with a $11.10 price target.

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Enerpac Tool Group (EPAC)

Roth MKM analyst Thomas Hayes maintained a Buy rating on Enerpac Tool Group yesterday and set a price target of $51.00. The company’s shares closed last Wednesday at $34.15.

According to TipRanks.com, Hayes is a 1-star analyst with an average return of -2.9% and a 39.6% success rate. Hayes covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, ESAB Corporation, and SKYX Platforms. ;'>

Enerpac Tool Group has an analyst consensus of Moderate Buy, with a price target consensus of $51.00.

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