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Analysts Offer Insights on Industrial Goods Companies: Eaton (ETN) and United Rentals (URI)

Tipranks - Tipranks - Thu Apr 2, 4:18AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Eaton (ETN) and United Rentals (URI).

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Eaton (ETN)

Barclays analyst Julian Mitchell maintained a Hold rating on Eaton today and set a price target of $340.00. The company’s shares closed last Tuesday at $357.67.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 13.8% and a 60.6% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eaton with a $400.80 average price target.

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United Rentals (URI)

In a report released today, Adam Seiden from Barclays maintained a Sell rating on United Rentals, with a price target of $600.00. The company’s shares closed last Tuesday at $728.56.

According to TipRanks.com, Seiden is a 5-star analyst with an average return of 11.2% and a 59.0% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Legence Corp. Class A, and Manitowoc Company. ;'>

Currently, the analyst consensus on United Rentals is a Strong Buy with an average price target of $946.30.

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