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Analysts Offer Insights on Industrial Goods Companies: General Dynamics (GD) and Generac Holdings (GNRC)

Tipranks - Tipranks - Thu Apr 30, 6:36PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on General Dynamics (GD) and Generac Holdings (GNRC) with bullish sentiments.

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General Dynamics (GD)

In a report released today, Gautam Khanna from TD Cowen maintained a Buy rating on General Dynamics, with a price target of $390.00. The company’s shares closed last Wednesday at $338.73.

According to TipRanks.com, Khanna is a top 100 analyst with an average return of 20.2% and a 70.7% success rate. Khanna covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, Honeywell International, and L3Harris Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for General Dynamics with a $391.89 average price target, implying a 15.9% upside from current levels. In a report issued on April 26, TipRanks – PerPlexity also upgraded the stock to Buy with a $368.00 price target.

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Generac Holdings (GNRC)

In a report released today, Brian Drab from William Blair maintained a Buy rating on Generac Holdings. The company’s shares closed last Wednesday at $252.92.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 29.9% and a 71.4% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings, Donaldson Company, and Vertiv Holdings. ;'>

Generac Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $246.27, implying a 1.0% upside from current levels. In a report released today, TipRanks – Google also upgraded the stock to Buy with a $243.00 price target.

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