Analysts Have Conflicting Sentiments on These Industrial Goods Companies: 3M (MMM) and Genco Shipping (GNK)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on 3M (MMM – Research Report) and Genco Shipping (GNK – Research Report).
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3M (MMM)
J.P. Morgan analyst Stephen Tusa maintained a Hold rating on 3M today. The company’s shares closed last Thursday at $171.10.
According to TipRanks.com, Tusa is a 5-star analyst with an average return of
3M has an analyst consensus of Moderate Buy, with a price target consensus of $171.56.
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Genco Shipping (GNK)
In a report released yesterday, Poe Fratt from Alliance Global Partners maintained a Buy rating on Genco Shipping, with a price target of $22.50. The company’s shares closed last Thursday at $19.88.
Fratt has an average return of
According to TipRanks.com, Fratt is ranked #128 out of 12040 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Genco Shipping with a $26.25 average price target, which is a 35.3% upside from current levels. In a report released yesterday, TipRanks – Google also reiterated a Buy rating on the stock with a $22.00 price target.
