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Analysts Are Bullish on These Industrial Goods Stocks: Sterling Infrastructure (STRL), MYR Group (MYRG)

Tipranks - Tipranks - Fri Feb 27, 9:40AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Sterling Infrastructure (STRL – Research Report), MYR Group (MYRG – Research Report) and FTI Consulting (FCN – Research Report) with bullish sentiments.

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Sterling Infrastructure (STRL)

Cantor Fitzgerald analyst Manish Somaiya maintained a Buy rating on Sterling Infrastructure yesterday and set a price target of $413.00. The company’s shares closed last Thursday at $418.29.

According to TipRanks.com, Somaiya is a 1-star analyst with an average return of -1.3% and a 52.6% success rate. Somaiya covers the Industrial Goods sector, focusing on stocks such as Everus Construction Group, Inc., Powell Industries, and Primoris Services. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sterling Infrastructure with a $449.50 average price target, a -5.3% downside from current levels. In a report issued on February 12, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $486.00 price target.

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MYR Group (MYRG)

In a report released today, Brian Brophy from Stifel Nicolaus maintained a Buy rating on MYR Group, with a price target of $262.00. The company’s shares closed last Thursday at $263.75.

According to TipRanks.com, Brophy is a top 100 analyst with an average return of 50.0% and a 89.3% success rate. Brophy covers the Industrial Goods sector, focusing on stocks such as Cardinal Infrastructure Group, Inc., Everus Construction Group, Inc., and Sterling Infrastructure. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for MYR Group with a $272.50 average price target, representing a -6.3% downside. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $285.00 price target.

FTI Consulting (FCN)

In a report released today, Andrew Nicholas from William Blair maintained a Buy rating on FTI Consulting. The company’s shares closed last Thursday at $163.91, close to its 52-week low of $158.88.

According to TipRanks.com, Nicholas has 0 stars on 0-5 stars ranking scale with an average return of -19.8% and a 15.9% success rate. Nicholas covers the Industrial Goods sector, focusing on stocks such as Andersen Group, Inc. Class A, UL Solutions Inc. Class A, and Forrester Research. ;'>

The the analyst consensus on FTI Consulting is currently a Moderate Buy rating.

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