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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: JetBlue Airways (JBLU), Trane Technologies (TT) and SiteOne Landscape Supply (SITE)

Tipranks - Sat Jun 27, 4:05AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on JetBlue Airways (JBLU), Trane Technologies (TT) and SiteOne Landscape Supply (SITE).

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JetBlue Airways (JBLU)

In a report released today, Brandon Oglenski from Barclays maintained a Hold rating on JetBlue Airways, with a price target of $7.00. The company’s shares closed last Thursday at $5.92.

According to TipRanks.com, Oglenski is a 5-star analyst with an average return of 9.1% and a 55.2% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Expeditors International. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for JetBlue Airways with a $5.35 average price target, representing a -8.7% downside. In a report issued on June 21, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $6.00 price target.

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Trane Technologies (TT)

KeyBanc analyst Jeffrey Hammond reiterated a Buy rating on Trane Technologies today and set a price target of $555.00. The company’s shares closed last Thursday at $503.46.

According to TipRanks.com, Hammond is a 5-star analyst with an average return of 16.5% and a 65.8% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Janus International Group, and Advanced Drainage Systems. ;'>

Currently, the analyst consensus on Trane Technologies is a Moderate Buy with an average price target of $531.93, which is an 8.6% upside from current levels. In a report issued on June 12, Evercore ISI also maintained a Buy rating on the stock with a $560.00 price target.

SiteOne Landscape Supply (SITE)

In a report released today, Matthew Bouley from Barclays maintained a Hold rating on SiteOne Landscape Supply, with a price target of $148.00. The company’s shares closed last Thursday at $114.99, close to its 52-week low of $114.60.

According to TipRanks.com, Bouley is a 5-star analyst with an average return of 12.9% and a 60.4% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and Builders Firstsource. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SiteOne Landscape Supply with a $149.90 average price target, implying a 33.9% upside from current levels. In a report issued on June 24, William Blair also maintained a Hold rating on the stock.

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