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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

Tipranks - Fri Feb 13, 7:14AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on GFL Environmental (GFLResearch Report) and SiteOne Landscape Supply (SITEResearch Report) with bullish sentiments.

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GFL Environmental (GFL)

In a report released today, Bart Dziarski from RBC Capital maintained a Buy rating on GFL Environmental, with a price target of $60.00. The company’s shares closed last Wednesday at $44.05.

According to TipRanks.com, Dziarski is a 3-star analyst with an average return of 3.2% and a 58.5% success rate. Dziarski covers the Financial sector, focusing on stocks such as Fairfax Financial Holdings, Brookfield Corporation, and IGM Financial. ;'>

GFL Environmental has an analyst consensus of Strong Buy, with a price target consensus of $61.41, which is a 43.3% upside from current levels. In a report issued on January 29, ATB Capital Markets also initiated coverage with a Buy rating on the stock with a $86.00 price target.

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SiteOne Landscape Supply (SITE)

In a report released yesterday, Michael Dahl from RBC Capital maintained a Buy rating on SiteOne Landscape Supply, with a price target of $171.00. The company’s shares closed last Wednesday at $163.25.

According to TipRanks.com, Dahl is a 5-star analyst with an average return of 9.7% and a 61.5% success rate. Dahl covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Builders Firstsource, and Owens Corning. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SiteOne Landscape Supply with a $167.00 average price target, which is an 8.8% upside from current levels. In a report issued on February 10, Truist Financial also maintained a Buy rating on the stock with a $200.00 price target.

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