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Analysts Offer Insights on Industrial Goods Companies: GFL Environmental (GFL) and Hammond Power Solutions (OtherHMDPF)

Tipranks - Tue Aug 4, 8:54PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on GFL Environmental (GFL) and Hammond Power Solutions (HMDPF) with bullish sentiments.

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GFL Environmental (GFL)

RBC Capital analyst Sabahat Khan maintained a Buy rating on GFL Environmental yesterday and set a price target of $60.00. The company’s shares closed last Monday at $42.00.

According to TipRanks.com, Khan is a 4-star analyst with an average return of 6.6% and a 51.7% success rate. Khan covers the Industrial Goods sector, focusing on stocks such as Republic Services, Waste Connections, and Jacobs Solutions. ;'>

GFL Environmental has an analyst consensus of Moderate Buy, with a price target consensus of $53.81, representing a 28.5% upside. In a report issued on July 30, William Blair also maintained a Buy rating on the stock.

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Hammond Power Solutions (HMDPF)

RBC Capital analyst Nelson Ng maintained a Buy rating on Hammond Power Solutions on July 31 and set a price target of C$350.00. The company’s shares closed last Friday at $181.12.

According to TipRanks.com, Ng is a 4-star analyst with an average return of 10.0% and a 58.7% success rate. Ng covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Algonquin Power & Utilities, and XPLR Infrastructure. ;'>

Currently, the analyst consensus on Hammond Power Solutions is a Strong Buy with an average price target of $261.95, representing a 40.1% upside. In a report issued on July 17, TipRanks – DeepSeek also reiterated a Buy rating on the stock with a C$306.00 price target.

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