Wall Street Analysts Are Bullish on Top Industrial Goods Picks
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Astronics (ATRO – Research Report), Leonardo Drs (DRS – Research Report) and Louisiana-Pacific (LPX – Research Report) with bullish sentiments.
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Astronics (ATRO)
In a report released today, Michael Ciarmoli from Truist Financial reiterated a Buy rating on Astronics, with a price target of $107.00. The company’s shares closed last Tuesday at $79.39.
According to TipRanks.com, Ciarmoli is a top 100 analyst with an average return of
Currently, the analyst consensus on Astronics is a Strong Buy with an average price target of $98.50, implying a 29.4% upside from current levels. In a report released yesterday, Craig-Hallum also maintained a Buy rating on the stock.
See the top stocks recommended by analysts >>
Leonardo Drs (DRS)
BTIG analyst Andre Madrid reiterated a Buy rating on Leonardo Drs today and set a price target of $50.00. The company’s shares closed last Tuesday at $43.82.
According to TipRanks.com, Madrid is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Leonardo Drs with a $49.83 average price target, implying a 25.2% upside from current levels. In a report issued on February 23, Bank of America Securities also maintained a Buy rating on the stock with a $50.00 price target.
Louisiana-Pacific (LPX)
In a report released today, Michael Roxland from Truist Financial reiterated a Buy rating on Louisiana-Pacific, with a price target of $101.00. The company’s shares closed last Tuesday at $85.28.
According to TipRanks.com, Roxland is a 4-star analyst with an average return of
Currently, the analyst consensus on Louisiana-Pacific is a Strong Buy with an average price target of $104.29, implying a 25.3% upside from current levels. In a report issued on February 19, Barclays also maintained a Buy rating on the stock with a $104.00 price target.
