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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Orion Group Holdings (ORN) and Joby Aviation (JOBY)

Tipranks - Fri Mar 13, 1:54PM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Orion Group Holdings (ORNResearch Report) and Joby Aviation (JOBYResearch Report).

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Orion Group Holdings (ORN)

In a report issued on March 10, Aaron Spychalla from Craig-Hallum maintained a Buy rating on Orion Group Holdings. The company’s shares closed last Thursday at $10.60.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 19.3% and a 57.8% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Thermon Group Holdings. ;'>

Currently, the analyst consensus on Orion Group Holdings is a Strong Buy with an average price target of $16.67, which is a 56.5% upside from current levels. In a report issued on March 5, B. Riley Securities also maintained a Buy rating on the stock with a $17.00 price target.

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Joby Aviation (JOBY)

Canaccord Genuity analyst Austin Moeller maintained a Hold rating on Joby Aviation today and set a price target of $15.50. The company’s shares closed last Thursday at $9.99, close to its 52-week high of $10.72.

According to TipRanks.com, Moeller is a 4-star analyst with an average return of 11.9% and a 43.8% success rate. Moeller covers the Industrial Goods sector, focusing on stocks such as Bridger Aerospace Group Holdings, York Space Systems, Inc., and BlackSky Technology. ;'>

Currently, the analyst consensus on Joby Aviation is a Hold with an average price target of $13.25, implying a 32.6% upside from current levels. In a report issued on February 26, Morgan Stanley also maintained a Hold rating on the stock with a $15.00 price target.

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