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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

Tipranks - Wed May 20, 6:52AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Volatus Aerospace (TAKOF), Hillman Solutions (HLMN) and L3Harris Technologies (LHX) with bullish sentiments.

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Volatus Aerospace (TAKOF)

Stifel Nicolaus analyst Greg MacDonald maintained a Buy rating on Volatus Aerospace today and set a price target of C$1.00. The company’s shares closed last Monday at $0.49.

According to TipRanks.com, MacDonald is ranked #4681 out of 12240 analysts.

Currently, the analyst consensus on Volatus Aerospace is a Strong Buy with an average price target of $0.77, representing a 62.1% upside. In a report issued on May 15, Haywood also maintained a Buy rating on the stock with a C$1.00 price target.

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Hillman Solutions (HLMN)

In a report released yesterday, Brian McNamara from Canaccord Genuity maintained a Buy rating on Hillman Solutions, with a price target of $14.00. The company’s shares closed last Monday at $7.18.

According to TipRanks.com, McNamara is a 1-star analyst with an average return of -1.3% and a 46.7% success rate. McNamara covers the NA sector, focusing on stocks such as Reynolds Consumer Products, Driven Brands Holdings, and SharkNinja, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hillman Solutions with a $12.50 average price target, representing a 73.4% upside. In a report issued on May 14, TipRanks – PerPlexity also upgraded the stock to Buy with a $8.50 price target.

L3Harris Technologies (LHX)

In a report released today, Michael Ciarmoli from Truist Financial maintained a Buy rating on L3Harris Technologies, with a price target of $384.00. The company’s shares closed last Monday at $311.16.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 21.9% and a 64.9% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as York Space Systems, Inc., Karman Holdings Inc., and AerSale Corporation. ;'>

L3Harris Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $381.27, implying a 25.4% upside from current levels. In a report issued on May 4, TipRanks – xAI also upgraded the stock to Buy with a $349.00 price target.

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