Analysts Have Conflicting Sentiments on These Industrial Goods Companies: QXO Inc (QXO), Clarkson (OtherCKNHF) and Genco Shipping (GNK)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on QXO Inc (QXO – Research Report), Clarkson (CKNHF – Research Report) and Genco Shipping (GNK – Research Report).
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QXO Inc (QXO)
Morgan Stanley analyst Christopher Snyder maintained a Buy rating on QXO Inc yesterday and set a price target of $35.00. The company’s shares closed last Monday at $21.69, close to its 52-week low of $10.61.
According to TipRanks.com, Snyder is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for QXO Inc with a $33.86 average price target, representing a 57.5% upside. In a report issued on February 26, William Blair also maintained a Buy rating on the stock.
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Clarkson (CKNHF)
In a report released yesterday, James Fletcher CFA from Berenberg Bank maintained a Buy rating on Clarkson, with a price target of p5250.00. The company’s shares closed last Monday at $60.95.
CFA has an average return of
According to TipRanks.com, CFA is ranked #8726 out of 12122 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Clarkson with a $64.62 average price target.
Genco Shipping (GNK)
Alliance Global Partners analyst Poe Fratt maintained a Hold rating on Genco Shipping yesterday. The company’s shares closed last Monday at $21.57.
Fratt has an average return of
According to TipRanks.com, Fratt is ranked #91 out of 12122 analysts.
Currently, the analyst consensus on Genco Shipping is a Moderate Buy with an average price target of $30.00, implying a 36.2% upside from current levels. In a report issued on March 6, TipRanks – xAI also reiterated a Hold rating on the stock with a $26.00 price target.
