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Analysts Offer Insights on Industrial Goods Companies: Werner Enterprises (WERN), Northrop Grumman (NOC) and Ametek (AME)

Tipranks - Wed Apr 8, 9:38AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Werner Enterprises (WERN), Northrop Grumman (NOC) and Ametek (AME).

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Werner Enterprises (WERN)

In a report released today, Brian Ossenbeck from J.P. Morgan maintained a Sell rating on Werner Enterprises, with a price target of $30.00. The company’s shares closed last Tuesday at $31.23.

According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 7.5% and a 51.7% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Old Dominion Freight. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Werner Enterprises with a $34.54 average price target, representing an 11.4% upside. In a report issued on March 26, Evercore ISI also maintained a Sell rating on the stock with a $29.00 price target.

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Northrop Grumman (NOC)

Bank of America Securities analyst Ronald Epstein maintained a Buy rating on Northrop Grumman today. The company’s shares closed last Tuesday at $690.99.

According to TipRanks.com, Epstein is a 5-star analyst with an average return of 21.2% and a 63.0% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, L3Harris Technologies, and StandardAero, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northrop Grumman with a $754.47 average price target, which is a 9.3% upside from current levels. In a report issued on March 31, Wells Fargo also initiated coverage with a Buy rating on the stock with a $800.00 price target.

Ametek (AME)

Bank of America Securities analyst Andrew Obin maintained a Buy rating on Ametek today. The company’s shares closed last Tuesday at $217.95.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 18.2% and a 66.7% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Montrose Environmental Group, Emerson Electric Company, and Honeywell International. ;'>

Currently, the analyst consensus on Ametek is a Moderate Buy with an average price target of $247.10, which is a 13.7% upside from current levels. In a report issued on March 27, BMO Capital also initiated coverage with a Buy rating on the stock with a $253.00 price target.

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