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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: MasTec (MTZ), The Middleby (MIDD) and Generac Holdings (GNRC)

Tipranks - Thu May 14, 3:56AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on MasTec (MTZ), The Middleby (MIDD) and Generac Holdings (GNRC).

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MasTec (MTZ)

In a report released today, Sangita Jain from KeyBanc maintained a Buy rating on MasTec, with a price target of $500.00. The company’s shares closed last Tuesday at $420.30.

According to TipRanks.com, Jain is a 5-star analyst with an average return of 18.1% and a 50.7% success rate. Jain covers the Industrial Goods sector, focusing on stocks such as Sterling Infrastructure, Ballard Power Systems, and Primoris Services. ;'>

Currently, the analyst consensus on MasTec is a Strong Buy with an average price target of $466.31, representing a 12.5% upside. In a report issued on April 28, TipRanks – xAI also upgraded the stock to Buy with a $416.00 price target.

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The Middleby (MIDD)

In a report released today, Adam Seiden from Barclays maintained a Buy rating on The Middleby, with a price target of $190.00. The company’s shares closed last Tuesday at $151.00.

According to TipRanks.com, Seiden is a 5-star analyst with an average return of 13.5% and a 61.7% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Legence Corp. Class A, and Manitowoc Company. ;'>

Currently, the analyst consensus on The Middleby is a Moderate Buy with an average price target of $189.00, a 21.0% upside from current levels. In a report issued on May 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $176.00 price target.

Generac Holdings (GNRC)

Barclays analyst Christine Cho CFA maintained a Hold rating on Generac Holdings today and set a price target of $228.00. The company’s shares closed last Tuesday at $269.59.

According to TipRanks.com, CFA is ranked #4797 out of 12246 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generac Holdings with a $269.25 average price target, which is a 0.3% upside from current levels. In a report issued on April 30, KeyBanc also maintained a Hold rating on the stock.

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