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Analysts Offer Insights on Industrial Goods Companies: MSC Industrial (MSM), Enerpac Tool Group (EPAC) and Rocket Lab USA (RKLB)

Tipranks - Thu Apr 2, 8:18AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on MSC Industrial (MSM), Enerpac Tool Group (EPAC) and Rocket Lab USA (RKLB).

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MSC Industrial (MSM)

William Blair analyst Ryan Merkel maintained a Hold rating on MSC Industrial today and set a price target of $92.00. The company’s shares closed last Tuesday at $92.27.

According to TipRanks.com, Merkel is a 3-star analyst with an average return of 2.7% and a 47.8% success rate. Merkel covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Global Industrial Company, and SiteOne Landscape Supply. ;'>

Currently, the analyst consensus on MSC Industrial is a Hold with an average price target of $92.75, representing a 4.3% upside. In a report issued on March 20, TipRanks – Google also downgraded the stock to Hold with a $91.00 price target.

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Enerpac Tool Group (EPAC)

In a report released today, Tom Hayes from Roth MKM reiterated a Buy rating on Enerpac Tool Group, with a price target of $51.00. The company’s shares closed last Tuesday at $36.47, close to its 52-week low of $34.47.

According to TipRanks.com, Hayes is a 1-star analyst with an average return of -0.4% and a 40.7% success rate. Hayes covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, ESAB Corporation, and SKYX Platforms. ;'>

Enerpac Tool Group has an analyst consensus of Moderate Buy, with a price target consensus of $51.00, which is a 43.1% upside from current levels. In a report issued on March 18, TipRanks – xAI also upgraded the stock to Buy with a $40.00 price target.

Rocket Lab USA (RKLB)

In a report released today, Sujeeva De Silva from Roth MKM maintained a Buy rating on Rocket Lab USA, with a price target of $90.00. The company’s shares closed last Tuesday at $64.22.

According to TipRanks.com, Silva is a 5-star analyst with an average return of 32.0% and a 47.8% success rate. Silva covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and indie Semiconductor. ;'>

Rocket Lab USA has an analyst consensus of Moderate Buy, with a price target consensus of $86.92, implying a 40.9% upside from current levels. In a report issued on March 18, Clear Street also initiated coverage with a Buy rating on the stock with a $88.00 price target.

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