Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Terex (TEX) and Gates Industrial (GTES)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Terex (TEX) and Gates Industrial (GTES).
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Terex (TEX)
In a report released today, Steve Barger from KeyBanc maintained a Hold rating on Terex. The company’s shares closed last Friday at $61.87.
According to TipRanks.com, Barger is a 5-star analyst with an average return of
Terex has an analyst consensus of Moderate Buy, with a price target consensus of $75.71, which is a 28.3% upside from current levels. In a report issued on April 20, TipRanks – Google also downgraded the stock to Hold with a $66.00 price target.
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Gates Industrial (GTES)
In a report released today, Jeffrey Hammond from KeyBanc reiterated a Buy rating on Gates Industrial, with a price target of $31.00. The company’s shares closed last Friday at $24.06.
According to TipRanks.com, Hammond is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gates Industrial with a $31.33 average price target, a 26.1% upside from current levels. In a report issued on April 29, TipRanks – xAI also upgraded the stock to Buy with a $28.00 price target.
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