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Analysts Offer Insights on Industrial Goods Companies: MSC Industrial (MSM) and Rolls-Royce Holdings (OtherRYCEF)

Tipranks - Tue Apr 28, 3:56AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on MSC Industrial (MSM) and Rolls-Royce Holdings (RYCEF).

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MSC Industrial (MSM)

In a report released today, Kenneth Newman from KeyBanc upgraded MSC Industrial to Buy, with a price target of $117.00. The company’s shares closed last Friday at $97.83, close to its 52-week high of $99.89.

According to TipRanks.com, Newman is a 5-star analyst with an average return of 16.6% and a 71.3% success rate. Newman covers the Industrial Goods sector, focusing on stocks such as Applied Industrial Technologies, Distribution Solutions Group, and Emerson Electric Company. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for MSC Industrial with a $98.50 average price target.

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Rolls-Royce Holdings (RYCEF)

In a report released today, Adrien Rabier from Bernstein maintained a Hold rating on Rolls-Royce Holdings, with a price target of £11.50. The company’s shares closed last Friday at $15.30.

According to TipRanks.com, Rabier is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.3% and a 5.3% success rate. Rabier covers the Industrial Goods sector, focusing on stocks such as Airbus Group SE, Boeing, and RTX. ;'>

Rolls-Royce Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $18.89, which is a 22.7% upside from current levels. In a report issued on April 12, TipRanks – OpenAI also reiterated a Hold rating on the stock with a p1388.00 price target.

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