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Analysts Offer Insights on Industrial Goods Companies: ST Engineering (OtherSGGKF), ESAB Corporation (ESAB) and Vertical Aerospace (EVTL)

Tipranks - Wed Feb 4, 6:58AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on ST Engineering (SGGKFResearch Report), ESAB Corporation (ESABResearch Report) and Vertical Aerospace (EVTLResearch Report) with bullish sentiments.

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ST Engineering (SGGKF)

In a report released yesterday, Karen Li from J.P. Morgan maintained a Buy rating on ST Engineering, with a price target of S$12.20. The company’s shares closed last Wednesday at $7.48.

Li has an average return of 24.1% when recommending ST Engineering. ;'>

According to TipRanks.com, Li is ranked #1201 out of 12040 analysts.

ST Engineering has an analyst consensus of Strong Buy, with a price target consensus of $8.14, an 8.8% upside from current levels. In a report issued on January 26, CGS International also maintained a Buy rating on the stock with a S$10.20 price target.

See today’s best-performing stocks on TipRanks >>

ESAB Corporation (ESAB)

J.P. Morgan analyst Tami Zakaria maintained a Buy rating on ESAB Corporation yesterday and set a price target of $130.00. The company’s shares closed last Monday at $114.62.

According to TipRanks.com, Zakaria is a 5-star analyst with an average return of 14.0% and a 65.1% success rate. Zakaria covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Custom Truck One Source, and GFL Environmental. ;'>

ESAB Corporation has an analyst consensus of Strong Buy, with a price target consensus of $145.00, representing a 23.4% upside. In a report released yesterday, TipRanks – DeepSeek also upgraded the stock to Buy with a $135.00 price target.

Vertical Aerospace (EVTL)

Canaccord Genuity analyst Austin Moeller reiterated a Buy rating on Vertical Aerospace yesterday and set a price target of $11.00. The company’s shares closed last Monday at $4.71, close to its 52-week low of $3.16.

According to TipRanks.com, Moeller is a 5-star analyst with an average return of 14.8% and a 48.9% success rate. Moeller covers the Industrial Goods sector, focusing on stocks such as Bridger Aerospace Group Holdings, Surf Air Mobility, Inc., and BlackSky Technology. ;'>

Currently, the analyst consensus on Vertical Aerospace is a Strong Buy with an average price target of $12.33, a 160.1% upside from current levels. In a report issued on January 26, William Blair also maintained a Buy rating on the stock.

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