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Analysts Offer Insights on Industrial Goods Companies: FTI Consulting (FCN), GFL Environmental (GFL) and MasTec (MTZ)

Tipranks - Sat Aug 1, 8:06AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on FTI Consulting (FCN), GFL Environmental (GFL) and MasTec (MTZ) with bullish sentiments.

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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 $164.05, close to its 52-week low of $158.88.

According to TipRanks.com, Nicholas is a 1-star analyst with an average return of -0.7% and a 40.7% success rate. Nicholas covers the Industrial Goods sector, focusing on stocks such as UL Solutions Inc. Class A, Cra International, and Huron Consulting. ;'>

FTI Consulting has an analyst consensus of Moderate Buy, with a price target consensus of $176.00, representing a 6.5% upside. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $194.00 price target.

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GFL Environmental (GFL)

In a report released today, Konark Gupta from Scotiabank maintained a Buy rating on GFL Environmental, with a price target of $56.00. The company’s shares closed last Thursday at $41.37.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 15.6% and a 60.6% success rate. Gupta covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Republic Services. ;'>

Currently, the analyst consensus on GFL Environmental is a Moderate Buy with an average price target of $53.76, implying a 28.1% upside from current levels. In a report issued on July 20, RBC Capital also maintained a Buy rating on the stock with a $60.00 price target.

MasTec (MTZ)

In a report released today, Jamie Cook from Truist Financial maintained a Buy rating on MasTec. The company’s shares closed last Thursday at $324.44.

According to TipRanks.com, Cook is a 5-star analyst with an average return of 17.8% and a 66.9% success rate. Cook covers the Industrial Goods sector, focusing on stocks such as Illinois Tool Works, Jacobs Solutions, and Aecom Technology. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for MasTec with a $492.20 average price target, representing a 52.0% upside. In a report issued on July 20, Clear Street also maintained a Buy rating on the stock with a $545.00 price target.

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