Wall Street Analysts Are Bullish on Top Industrial Goods Picks
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Ralliant Corporation (RAL – Research Report) and Geo Group (GEO – Research Report) with bullish sentiments.
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Ralliant Corporation (RAL)
Morgan Stanley analyst Christopher Snyder maintained a Buy rating on Ralliant Corporation today and set a price target of $45.00. The company’s shares closed last Thursday at $38.39, close to its 52-week low of $37.27.
According to TipRanks.com, Snyder is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ralliant Corporation with a $50.63 average price target, implying a 21.3% upside from current levels. In a report released today, Vertical Research also upgraded the stock to Buy with a $45.00 price target.
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Geo Group (GEO)
Noble Financial analyst Joe Gomes maintained a Buy rating on Geo Group today and set a price target of $35.00. The company’s shares closed last Thursday at $15.48, close to its 52-week low of $11.75.
According to TipRanks.com, Gomes is a 4-star analyst with an average return of
Geo Group has an analyst consensus of Strong Buy, with a price target consensus of $34.00, implying an 118.6% upside from current levels. In a report issued on January 27, TipRanks – Google also upgraded the stock to Buy with a $21.00 price target.
