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Analysts Offer Insights on Industrial Goods Companies: Global Industrial Company (GIC) and Axon Enterprise (AXON)

Tipranks - Wed Feb 25, 11:00PM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Global Industrial Company (GICResearch Report) and Axon Enterprise (AXONResearch Report).

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Global Industrial Company (GIC)

In a report released today, Ryan Merkel from William Blair maintained a Hold rating on Global Industrial Company. The company’s shares closed last Tuesday at $30.93.

According to TipRanks.com, Merkel is a 4-star analyst with an average return of 7.6% and a 58.3% success rate. Merkel covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., SiteOne Landscape Supply, and Lennox International. ;'>

Global Industrial Company has an analyst consensus of Hold.

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Axon Enterprise (AXON)

TD Cowen analyst Andrew Sherman reiterated a Buy rating on Axon Enterprise yesterday and set a price target of $950.00. The company’s shares closed last Tuesday at $442.51.

According to TipRanks.com, Sherman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.9% and a 27.7% success rate. Sherman covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Procore Technologies, and Tyler Technologies. ;'>

Axon Enterprise has an analyst consensus of Strong Buy, with a price target consensus of $790.00, an 87.8% upside from current levels. In a report issued on February 9, RBC Capital also maintained a Buy rating on the stock with a $860.00 price target.

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