Analysts Offer Insights on Industrial Goods Companies: Generac Holdings (GNRC) and GXO Logistics (GXO)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Generac Holdings (GNRC – Research Report) and GXO Logistics (GXO – Research Report) with bullish sentiments.
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Generac Holdings (GNRC)
Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Generac Holdings today and set a price target of $235.00. The company’s shares closed last Wednesday at $214.99.
According to TipRanks.com, Gengaro is a 5-star analyst with an average return of
Currently, the analyst consensus on Generac Holdings is a Moderate Buy with an average price target of $216.58, which is a 12.8% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $255.00 price target.
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GXO Logistics (GXO)
In a report released today, J. Bruce Chan from Stifel Nicolaus maintained a Buy rating on GXO Logistics, with a price target of $70.00. The company’s shares closed last Wednesday at $63.35.
According to TipRanks.com, Chan is a 4-star analyst with an average return of
GXO Logistics has an analyst consensus of Strong Buy, with a price target consensus of $69.00, representing a 17.3% upside. In a report issued on February 10, Morgan Stanley also maintained a Buy rating on the stock with a $70.00 price target.
