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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Global Payments (GPN) and Generac Holdings (GNRC)

Tipranks - Thu Jun 4, 8:44AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Global Payments (GPN) and Generac Holdings (GNRC).

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Global Payments (GPN)

In a report released today, Darrin Peller from Wolfe Research maintained a Hold rating on Global Payments. The company’s shares closed last Wednesday at $69.59.

According to TipRanks.com, Peller is a 5-star analyst with an average return of 7.5% and a 59.2% success rate. Peller covers the Technology sector, focusing on stocks such as Jack Henry & Associates, PicS N.V. Class A, and Shift4 Payments. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Global Payments with a $96.63 average price target, which is a 30.5% upside from current levels. In a report issued on May 19, Truist Financial also maintained a Hold rating on the stock with a $76.00 price target.

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Generac Holdings (GNRC)

In a report released yesterday, George Gianarikas from Canaccord Genuity maintained a Buy rating on Generac Holdings, with a price target of $325.00. The company’s shares closed last Wednesday at $281.74.

According to TipRanks.com, Gianarikas is a 5-star analyst with an average return of 14.7% and a 49.1% success rate. Gianarikas covers the Industrial Goods sector, focusing on stocks such as Dragonfly Energy Holdings Corp, Surf Air Mobility, Inc., and Fuelcell Energy. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generac Holdings with a $274.25 average price target, implying a -3.6% downside from current levels. In a report issued on May 22, Jefferies also upgraded the stock to Buy with a $302.00 price target.

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