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Analysts Offer Insights on Industrial Goods Companies: Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO) and FedEx (FDX)

Tipranks - Wed Feb 11, 2:10AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AEROResearch Report) and FedEx (FDXResearch Report) with bullish sentiments.

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Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR (AERO)

Barclays analyst Pablo Monsivais maintained a Buy rating on Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR today and set a price target of $28.00. The company’s shares closed last Monday at $19.02.

According to TipRanks.com, Monsivais is a 5-star analyst with an average return of 17.7% and a 66.3% success rate. Monsivais covers the Industrial Goods sector, focusing on stocks such as Controladora Vuela Compania de Aviacion SAB de CV, Grupo Aeroportuario del Centro Norte SAB de CV, and Promotora y Operadora de Infraestructura SA. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR with a $29.93 average price target.

See today’s best-performing stocks on TipRanks >>

FedEx (FDX)

Barclays analyst Brandon Oglenski maintained a Buy rating on FedEx today and set a price target of $450.00. The company’s shares closed last Monday at $364.60.

According to TipRanks.com, Oglenski is a 5-star analyst with an average return of 9.3% and a 54.9% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian Pacific Kansas City, and Canadian National Railway. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FedEx with a $333.90 average price target, implying a -9.3% downside from current levels. In a report issued on February 3, Wells Fargo also upgraded the stock to Buy with a $380.00 price target.

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