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Analysts Offer Insights on Industrial Goods Companies: NuScale Power (SMR) and MSC Industrial (MSM)

Tipranks - Tipranks - Thu Jan 8, 11:28AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on NuScale Power (SMR – Research Report) and MSC Industrial (MSM – Research Report).

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NuScale Power (SMR)

Craig-Hallum analyst Eric Stine maintained a Buy rating on NuScale Power today. The company’s shares closed last Wednesday at $19.81.

According to TipRanks.com, Stine is a 4-star analyst with an average return of 10.3% and a 39.0% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as American Superconductor, PureCycle Technologies, and Orion Energy Systems. ;'>

Currently, the analyst consensus on NuScale Power is a Hold with an average price target of $33.32.

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MSC Industrial (MSM)

In a report released today, Ryan Merkel from William Blair maintained a Hold rating on MSC Industrial. The company’s shares closed last Wednesday at $79.87.

According to TipRanks.com, Merkel is a 4-star analyst with an average return of 5.6% and a 55.4% 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 $96.00.

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