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Analysts Are Bullish on These Industrial Goods Stocks: FTI Consulting (FCN), 3M (MMM)

Tipranks - Tipranks - Fri Jun 12, 5:48AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on FTI Consulting (FCN) and 3M (MMM) with bullish sentiments.

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FTI Consulting (FCN)

William Blair analyst Andrew Nicholas maintained a Buy rating on FTI Consulting today. The company’s shares closed last Wednesday at $159.65, close to its 52-week low of $158.88.

According to TipRanks.com, Nicholas has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -11.7% and a 28.1% success rate. Nicholas covers the Industrial Goods sector, focusing on stocks such as Andersen Group, Inc. Class A, UL Solutions Inc. Class A, and Cra International. ;'>

Currently, the analyst consensus on FTI Consulting is a Moderate Buy with an average price target of $169.00, representing a 6.8% upside. In a report issued on May 28, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $170.00 price target.

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3M (MMM)

Bank of America Securities analyst Andrew Obin maintained a Buy rating on 3M today and set a price target of $200.00. The company’s shares closed last Wednesday at $156.85.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 19.7% and a 67.7% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Applied Industrial Technologies, and Emerson Electric Company. ;'>

Currently, the analyst consensus on 3M is a Hold with an average price target of $168.71, a 9.3% upside from current levels. In a report issued on May 29, Barclays also maintained a Buy rating on the stock with a $185.00 price target.

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