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Analysts’ Top Industrial Goods Picks: Southwest Airlines (LUV), Siemens Energy (SMEGF)

Tipranks - Sat Apr 25, 7:54AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Southwest Airlines (LUV) and Siemens Energy (SMEGF) with bullish sentiments.

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Southwest Airlines (LUV)

In a report released today, Michael Goldie from BMO Capital reiterated a Buy rating on Southwest Airlines, with a price target of $45.00. The company’s shares closed last Thursday at $37.75.

According to TipRanks.com, Goldie is a 1-star analyst with an average return of -5.7% and a 33.3% success rate. Goldie covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, American Airlines, and Transdigm Group. ;'>

Southwest Airlines has an analyst consensus of Moderate Buy, with a price target consensus of $46.84, implying a 22.5% upside from current levels. In a report issued on April 12, Seaport Global also reiterated a Buy rating on the stock.

See the top stocks recommended by analysts >>

Siemens Energy (SMEGF)

Evercore ISI analyst Alexander Virgo maintained a Buy rating on Siemens Energy today and set a price target of EUR205.00. The company’s shares closed last Thursday at $216.81.

According to TipRanks.com, Virgo is a 4-star analyst with an average return of 8.8% and a 64.4% success rate. Virgo covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Rockwell Automation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Siemens Energy with a $206.77 average price target, implying a -1.7% downside from current levels. In a report issued on April 9, TipRanks – Anthropic also upgraded the stock to Buy with a EUR182.00 price target.

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