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Analysts Offer Insights on Industrial Goods Companies: Hitachi,Ltd. (OtherHTHIF) and Rocket Lab USA (RKLB)

Tipranks - Tipranks - Wed May 13, 7:24AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Hitachi,Ltd. (HTHIF) and Rocket Lab USA (RKLB).

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Hitachi,Ltd. (HTHIF)

Jefferies analyst Sho Fukuhara maintained a Buy rating on Hitachi,Ltd. yesterday and set a price target of Yen6100.00. The company’s shares closed last Monday at $30.16, close to its 52-week high of $30.32.

According to TipRanks.com, Fukuhara is a 5-star analyst with an average return of 19.1% and a 70.7% success rate. Fukuhara covers the Industrial Goods sector, focusing on stocks such as Hitachi Construction Machinery Co, Kawasaki Heavy Industries, and Sumitomo Heavy Industries. ;'>

Hitachi,Ltd. has an analyst consensus of Strong Buy, with a price target consensus of $38.56, a 19.5% upside from current levels. In a report issued on April 28, Goldman Sachs also maintained a Buy rating on the stock with a Yen6100.00 price target.

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Rocket Lab USA (RKLB)

BTIG analyst Andre Madrid reiterated a Hold rating on Rocket Lab USA today. The company’s shares closed last Monday at $117.35.

According to TipRanks.com, Madrid is a 5-star analyst with an average return of 36.2% and a 74.6% success rate. Madrid covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, Amentum Holdings, Inc., and Carpenter Technology. ;'>

Rocket Lab USA has an analyst consensus of Moderate Buy, with a price target consensus of $96.25, representing a -8.6% downside. In a report released today, TipRanks – Google also downgraded the stock to Hold with a $128.00 price target.

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