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Analysts Offer Insights on Industrial Goods Companies: Brookfield Business Partners (BBU) and Graco (GGG)

Tipranks - Tue Feb 3, 7:44AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Brookfield Business Partners (BBUResearch Report) and Graco (GGGResearch Report).

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Brookfield Business Partners (BBU)

In a report released today, Devin Dodge from BMO Capital maintained a Buy rating on Brookfield Business Partners, with a price target of $43.00. The company’s shares closed last Friday at $35.02.

According to TipRanks.com, Dodge is a 5-star analyst with an average return of 14.0% and a 71.6% success rate. Dodge covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, GFL Environmental, and Waste Management. ;'>

Currently, the analyst consensus on Brookfield Business Partners is a Strong Buy with an average price target of $38.28, implying a 9.4% upside from current levels. In a report issued on January 26, RBC Capital also maintained a Buy rating on the stock with a $43.00 price target.

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Graco (GGG)

D.A. Davidson analyst Matt Summerville maintained a Hold rating on Graco today and set a price target of $85.00. The company’s shares closed last Friday at $87.33.

According to TipRanks.com, Summerville is a 5-star analyst with an average return of 14.0% and a 56.4% success rate. Summerville covers the Industrial Goods sector, focusing on stocks such as A. O. Smith Corporation, Alta Equipment Group, and Columbus Mckinnon. ;'>

Graco has an analyst consensus of Hold, with a price target consensus of $93.67, which is a 7.5% upside from current levels. In a report issued on January 26, Oppenheimer also maintained a Hold rating on the stock.

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