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Analysts Offer Insights on Industrial Goods Companies: ALS (OtherCPBLF), Electro Optic Systems Holdings Limited (OtherEOPSF) and Eaton (ETN)

Tipranks - Tue May 19, 6:52PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on ALS (CPBLF), Electro Optic Systems Holdings Limited (EOPSF) and Eaton (ETN) with bullish sentiments.

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ALS (CPBLF)

Bell Potter analyst Joseph House maintained a Buy rating on ALS today and set a price target of A$26.00. The company’s shares closed last Monday at $16.11.

House has an average return of 38.6% when recommending ALS. ;'>

According to TipRanks.com, House is ranked #349 out of 12240 analysts.

Currently, the analyst consensus on ALS is a Moderate Buy with an average price target of $17.02, implying a 5.6% upside from current levels. In a report issued on May 4, UBS also maintained a Buy rating on the stock with a A$26.00 price target.

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Electro Optic Systems Holdings Limited (EOPSF)

Canaccord Genuity analyst Owen Humphries maintained a Buy rating on Electro Optic Systems Holdings Limited today and set a price target of A$14.00. The company’s shares closed last Monday at $5.97.

Humphries has an average return of 113.6% when recommending Electro Optic Systems Holdings Limited. ;'>

According to TipRanks.com, Humphries is ranked #2187 out of 12240 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Electro Optic Systems Holdings Limited with a $9.12 average price target, implying a 52.0% upside from current levels. In a report released today, Ord Minnett also maintained a Buy rating on the stock with a A$14.00 price target.

Eaton (ETN)

In a report issued on May 13, Kristina Ruggeri from Argus Research maintained a Buy rating on Eaton. The company’s shares closed last Monday at $381.87.

According to TipRanks.com, Ruggeri is a 4-star analyst with an average return of 11.7% and a 57.5% success rate. Ruggeri covers the Industrial Goods sector, focusing on stocks such as Honeywell International, L3Harris Technologies, and General Dynamics. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Eaton with a $451.67 average price target, representing a 13.4% upside. In a report issued on May 5, Erste Group also initiated coverage with a Buy rating on the stock.

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