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Analysts Offer Insights on Industrial Goods Companies: Air Canada (OtherACDVF) and Howmet Aerospace (HWM)

Tipranks - Tipranks - Thu Apr 9, 2:12PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Air Canada (ACDVF) and Howmet Aerospace (HWM) with bullish sentiments.

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Air Canada (ACDVF)

CIBC analyst Krista Friesen maintained a Buy rating on Air Canada today and set a price target of C$22.00. The company’s shares closed last Wednesday at $13.44.

According to TipRanks.com, Friesen is a 4-star analyst with an average return of 6.8% and a 42.7% success rate. Friesen covers the Industrial Goods sector, focusing on stocks such as StandardAero, Inc., AtkinsRealis, and Bombardier. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Air Canada with a $17.21 average price target, implying a 26.5% upside from current levels. In a report issued on March 26, TipRanks – Google also upgraded the stock to Buy with a C$20.50 price target.

See the top stocks recommended by analysts >>

Howmet Aerospace (HWM)

Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on Howmet Aerospace today and set a price target of $315.00. The company’s shares closed last Wednesday at $249.88.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 12.5% and a 58.9% 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 Strong Buy analyst consensus rating for Howmet Aerospace with a $277.21 average price target, which is a 12.7% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock.

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