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Analysts Conflicted on These Industrial Goods Names: Transurban Group (OtherTRAUF) and FedEx (FDX)

Tipranks - Tue Apr 14, 9:24PM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Transurban Group (TRAUF) and FedEx (FDX).

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Transurban Group (TRAUF)

Morgan Stanley analyst Robert Koh maintained a Hold rating on Transurban Group today and set a price target of A$14.18. The company’s shares closed last Monday at $9.36.

According to TipRanks.com, Koh is a 1-star analyst with an average return of -3.6% and a 39.8% success rate. Koh covers the Industrial Goods sector, focusing on stocks such as Auckland International Airport, Cleanaway Waste Management, and Aurizon Holdings. ;'>

Currently, the analyst consensus on Transurban Group is a Moderate Buy with an average price target of $9.88, a 5.6% upside from current levels. In a report issued on April 9, Jefferies also maintained a Hold rating on the stock with a A$13.69 price target.

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FedEx (FDX)

Stifel Nicolaus analyst J. Bruce Chan maintained a Buy rating on FedEx yesterday and set a price target of $442.00. The company’s shares closed last Monday at $371.89.

According to TipRanks.com, Chan is a 4-star analyst with an average return of 5.9% and a 56.1% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Expeditors International, and Knight Transportation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FedEx with a $414.00 average price target, implying an 11.8% upside from current levels. In a report issued on April 2, Argus Research also maintained a Buy rating on the stock with a $400.00 price target.

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