Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Industrial Goods Companies: Boeing (BA), Honeywell International (HON) and Knight Transportation (KNX)

Tipranks - Fri Apr 24, 6:34AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Boeing (BA), Honeywell International (HON) and Knight Transportation (KNX).

Claim 30% Off TipRanks

Boeing (BA)

RBC Capital analyst Kenneth Herbert maintained a Buy rating on Boeing today and set a price target of $275.00. The company’s shares closed last Wednesday at $231.28.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 24.3% and a 64.1% success rate. Herbert covers the Industrial Goods sector, focusing on stocks such as Amentum Holdings, Inc., L3Harris Technologies, and Karman Holdings Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boeing with a $273.25 average price target, implying a 20.3% upside from current levels. In a report issued on April 10, Susquehanna also maintained a Buy rating on the stock with a $285.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Honeywell International (HON)

In a report released today, Sheila Kahyaoglu from Jefferies reiterated a Hold rating on Honeywell International, with a price target of $245.00. The company’s shares closed last Wednesday at $219.97.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 13.6% and a 59.5% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, BETA Technologies, Inc. Class A, and United Airlines Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Honeywell International with a $257.36 average price target, implying a 14.7% upside from current levels. In a report issued on April 10, Morgan Stanley also maintained a Hold rating on the stock with a $245.00 price target.

Knight Transportation (KNX)

Stifel Nicolaus analyst J. Bruce Chan reiterated a Buy rating on Knight Transportation today and set a price target of $70.00. The company’s shares closed last Wednesday at $63.98.

According to TipRanks.com, Chan is a 4-star analyst with an average return of 7.6% and a 57.1% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Expeditors International, and Old Dominion Freight. ;'>

Currently, the analyst consensus on Knight Transportation is a Strong Buy with an average price target of $69.21, implying a 6.5% upside from current levels. In a report issued on April 15, Benchmark Co. also maintained a Buy rating on the stock with a $70.00 price target.

Read More on BA:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.