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Analysts Offer Insights on Industrial Goods Companies: ARAMARK Holdings (ARMK) and Johnson Controls (JCI)

Tipranks - Wed Jun 3, 4:44AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on ARAMARK Holdings (ARMK) and Johnson Controls (JCI) with bullish sentiments.

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ARAMARK Holdings (ARMK)

Bank of America Securities analyst Curtis Nagle reiterated a Buy rating on ARAMARK Holdings today and set a price target of $62.00. The company’s shares closed last Monday at $54.39.

Nagle has an average return of 23.6% when recommending ARAMARK Holdings. ;'>

According to TipRanks.com, Nagle is ranked #11963 out of 12287 analysts.

Currently, the analyst consensus on ARAMARK Holdings is a Strong Buy with an average price target of $55.92, implying a 5.5% upside from current levels. In a report issued on May 18, Citi also maintained a Buy rating on the stock with a $63.00 price target.

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Johnson Controls (JCI)

Bank of America Securities analyst Andrew Obin maintained a Buy rating on Johnson Controls yesterday and set a price target of $152.00. The company’s shares closed last Monday at $133.91.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 20.4% and a 67.7% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Applied Industrial Technologies, and Emerson Electric Company. ;'>

Currently, the analyst consensus on Johnson Controls is a Moderate Buy with an average price target of $151.00.

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