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Analysts Offer Insights on Industrial Goods Companies: Hexcel (HXL) and Canadian Pacific Kansas City (CP)

Tipranks - Fri Jan 30, 9:20AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Hexcel (HXLResearch Report) and Canadian Pacific Kansas City (CPResearch Report).

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Hexcel (HXL)

In a report released yesterday, John McNulty from BMO Capital maintained a Hold rating on Hexcel, with a price target of $88.00. The company’s shares closed last Thursday at $84.30.

According to TipRanks.com, McNulty is a 4-star analyst with an average return of 2.8% and a 53.2% success rate. McNulty covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Axalta Coating Systems, and DuPont de Nemours. ;'>

Currently, the analyst consensus on Hexcel is a Moderate Buy with an average price target of $81.60, a -2.8% downside from current levels. In a report issued on January 15, TipRanks – Google also downgraded the stock to Hold with a $89.00 price target.

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Canadian Pacific Kansas City (CP)

BMO Capital analyst Fadi Chamoun maintained a Buy rating on Canadian Pacific Kansas City yesterday and set a price target of C$126.00. The company’s shares closed last Thursday at $73.32.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 16.1% and a 65.1% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Old Dominion Freight, and TFI International. ;'>

Canadian Pacific Kansas City has an analyst consensus of Strong Buy, with a price target consensus of $89.12, representing a 21.8% upside. In a report issued on January 15, Barclays also maintained a Buy rating on the stock with a $90.00 price target.

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