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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Forward Air (FWRD), Howmet Aerospace (HWM) and Cintas (CTAS)

Tipranks - Fri Mar 13, 6:43AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Forward Air (FWRDResearch Report), Howmet Aerospace (HWMResearch Report) and Cintas (CTASResearch Report).

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Forward Air (FWRD)

In a report released today, J. Bruce Chan from Stifel Nicolaus maintained a Buy rating on Forward Air, with a price target of $31.00. The company’s shares closed last Wednesday at $18.39.

According to TipRanks.com, Chan is a 4-star analyst with an average return of 4.5% and a 54.2% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Expeditors International, and Knight Transportation. ;'>

Currently, the analyst consensus on Forward Air is a Moderate Buy with an average price target of $36.50.

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Howmet Aerospace (HWM)

In a report released today, Michael Ciarmoli from Truist Financial maintained a Buy rating on Howmet Aerospace, with a price target of $280.00. The company’s shares closed last Wednesday at $251.65.

According to TipRanks.com, Ciarmoli is a top 100 analyst with an average return of 25.8% and a 71.1% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as York Space Systems, Inc., L3Harris Technologies, and Karman Holdings Inc. ;'>

Howmet Aerospace has an analyst consensus of Strong Buy, with a price target consensus of $282.36, an 11.8% upside from current levels. In a report issued on March 6, Jefferies also maintained a Buy rating on the stock with a $500.00 price target.

Cintas (CTAS)

Stifel Nicolaus analyst Shlomo Rosenbaum maintained a Hold rating on Cintas today and set a price target of $222.00. The company’s shares closed last Wednesday at $198.34.

According to TipRanks.com, Rosenbaum is a 4-star analyst with an average return of 3.6% and a 51.1% success rate. Rosenbaum covers the Industrial Goods sector, focusing on stocks such as UL Solutions Inc. Class A, Vestis Corporation, and GFL Environmental. ;'>

Currently, the analyst consensus on Cintas is a Moderate Buy with an average price target of $219.91.

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