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Analysts Offer Insights on Industrial Goods Companies: Old Dominion Freight (ODFL), Lennox International (LII) and Canadian National Railway (CNI)

Tipranks - Fri May 1, 7:08AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Old Dominion Freight (ODFL), Lennox International (LII) and Canadian National Railway (CNI).

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Old Dominion Freight (ODFL)

Truist Financial analyst Lucas Servera maintained a Buy rating on Old Dominion Freight today and set a price target of $225.00. The company’s shares closed last Wednesday at $209.35.

According to TipRanks.com, Servera is a 5-star analyst with an average return of 39.1% and a 93.2% success rate. Servera covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Landstar System, and United Parcel. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Old Dominion Freight with a $213.05 average price target, a -5.2% downside from current levels. In a report issued on April 19, TipRanks – Anthropic also upgraded the stock to Buy with a $240.00 price target.

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Lennox International (LII)

In a report released yesterday, Deane Dray from RBC Capital reiterated a Hold rating on Lennox International, with a price target of $579.00. The company’s shares closed last Wednesday at $517.62.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 13.6% and a 62.7% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Lennox International with a $552.90 average price target, representing a 5.8% upside. In a report issued on April 14, Exane BNP Paribas also initiated coverage with a Hold rating on the stock with a $535.00 price target.

Canadian National Railway (CNI)

In a report released yesterday, Walter Spracklin from RBC Capital reiterated a Buy rating on Canadian National Railway, with a price target of C$178.00. The company’s shares closed last Wednesday at $108.08.

According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 19.2% and a 69.8% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, TFI International, and Norfolk Southern. ;'>

Canadian National Railway has an analyst consensus of Moderate Buy, with a price target consensus of $115.08, a 1.1% upside from current levels. In a report released today, TD Cowen also maintained a Buy rating on the stock with a C$171.00 price target.

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