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Analysts Offer Insights on Industrial Goods Companies: HEICO (HEI), L. B. Foster Company (FSTR) and Ameresco (AMRC)

Tipranks - Thu Mar 5, 7:34AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on HEICO (HEIResearch Report), L. B. Foster Company (FSTRResearch Report) and Ameresco (AMRCResearch Report).

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HEICO (HEI)

In a report released today, Ronald Epstein from Bank of America Securities reiterated a Buy rating on HEICO, with a price target of $400.00. The company’s shares closed last Tuesday at $326.71.

According to TipRanks.com, Epstein is a top 100 analyst with an average return of 23.6% and a 69.0% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, L3Harris Technologies, and StandardAero, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HEICO with a $381.67 average price target, implying a 17.5% upside from current levels. In a report issued on February 27, Exane BNP Paribas also upgraded the stock to Buy.

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L. B. Foster Company (FSTR)

B. Riley Securities analyst Liam Burke maintained a Hold rating on L. B. Foster Company today and set a price target of $32.00. The company’s shares closed last Tuesday at $31.66.

According to TipRanks.com, Burke is a 5-star analyst with an average return of 17.7% and a 54.2% success rate. Burke covers the Industrial Goods sector, focusing on stocks such as Pangaea Logistics Solutions, Orion Group Holdings, and Seanergy Maritime. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for L. B. Foster Company with a $32.00 average price target.

Ameresco (AMRC)

B. Riley Securities analyst Ryan Pfingst maintained a Buy rating on Ameresco today and set a price target of $47.00. The company’s shares closed last Tuesday at $27.90.

According to TipRanks.com, Pfingst is a 5-star analyst with an average return of 73.2% and a 48.7% success rate. Pfingst covers the Industrial Goods sector, focusing on stocks such as Energy Recovery, Aspen Aerogels, and NuScale Power. ;'>

Currently, the analyst consensus on Ameresco is a Strong Buy with an average price target of $47.00, a 51.6% upside from current levels. In a report issued on February 24, Craig-Hallum also maintained a Buy rating on the stock.

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