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Analysts Offer Insights on Industrial Goods Companies: Proto Labs (PRLB), Trane Technologies (TT) and Eaton (ETN)

Tipranks - Tue Aug 4, 8:38AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Proto Labs (PRLB), Trane Technologies (TT) and Eaton (ETN).

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Proto Labs (PRLB)

In a report released today, Brian Drab from William Blair maintained a Hold rating on Proto Labs. The company’s shares closed last Monday at $76.07.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 30.1% and a 67.7% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Donaldson Company, Generac Holdings, and Vertiv Holdings. ;'>

Proto Labs has an analyst consensus of Strong Buy, with a price target consensus of $94.75, a 26.2% upside from current levels. In a report issued on July 31, TipRanks – PerPlexity also downgraded the stock to Hold with a $82.00 price target.

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Trane Technologies (TT)

In a report released today, Varun Govindaraj from Bernstein maintained a Buy rating on Trane Technologies, with a price target of $555.00. The company’s shares closed last Monday at $457.56.

According to TipRanks.com, Govindaraj is a 1-star analyst with an average return of -3.0% and a 50.0% success rate. Govindaraj covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Rockwell Automation, and Vertiv Holdings. ;'>

Trane Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $532.09, representing a 17.0% upside. In a report issued on July 30, Evercore ISI also maintained a Buy rating on the stock with a $560.00 price target.

Eaton (ETN)

In a report released today, Chad Dillard from Bernstein maintained a Buy rating on Eaton, with a price target of $534.00. The company’s shares closed last Monday at $413.99.

According to TipRanks.com, Dillard is a 4-star analyst with an average return of 9.4% and a 65.6% success rate. Dillard covers the Industrial Goods sector, focusing on stocks such as Jacobs Solutions, Quanta Services, and CNH Industrial. ;'>

Eaton has an analyst consensus of Strong Buy, with a price target consensus of $482.13, representing a 16.1% upside. In a report issued on August 1, TipRanks – Anthropic also upgraded the stock to Buy with a $459.00 price target.

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