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Analysts Offer Insights on Industrial Goods Companies: JB Hunt (JBHT) and Caterpillar (CAT)

Tipranks - Wed Jun 3, 8:12AM CDT

Analysts fell to the sidelines weighing in on JB Hunt (JBHT) and Caterpillar (CAT) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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JB Hunt (JBHT)

In a report released yesterday, David Vernon from Bernstein maintained a Hold rating on JB Hunt. The company’s shares closed last Monday at $279.46.

According to TipRanks.com, Vernon is a 5-star analyst with an average return of 11.6% and a 66.8% success rate. Vernon covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and United Airlines Holdings. ;'>

JB Hunt has an analyst consensus of Moderate Buy, with a price target consensus of $240.89.

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Caterpillar (CAT)

Bernstein analyst Chad Dillard maintained a Hold rating on Caterpillar yesterday and set a price target of $879.00. The company’s shares closed last Monday at $865.36.

According to TipRanks.com, Dillard is a 4-star analyst with an average return of 9.7% and a 65.0% success rate. Dillard covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Quanta Services, and United Rentals. ;'>

Currently, the analyst consensus on Caterpillar is a Moderate Buy with an average price target of $982.88, representing a 14.3% upside. In a report released today, UBS also assigned a Hold rating to the stock with a $900.00 price target.

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