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Analysts Offer Insights on Industrial Goods Companies: RTX (RTX), Adani Ports & Special Economic Zone Ltd (IN:ADANIPORTS) and Norfolk Southern (NSC)

Tipranks - Tipranks - Wed May 6, 4:12AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on RTX (RTX), Adani Ports & Special Economic Zone Ltd (IN:ADANIPORTS) and Norfolk Southern (NSC).

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RTX (RTX)

In a report issued on April 27, Kristina Ruggeri from Argus Research maintained a Buy rating on RTX, with a price target of $230.00. The company’s shares closed last Monday at $172.90.

According to TipRanks.com, Ruggeri is a 4-star analyst with an average return of 11.8% and a 58.4% success rate. Ruggeri covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Old Dominion Freight, and Northrop Grumman. ;'>

Currently, the analyst consensus on RTX is a Moderate Buy with an average price target of $221.33, a 27.2% upside from current levels. In a report issued on April 14, Bank of America Securities also maintained a Buy rating on the stock.

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Adani Ports & Special Economic Zone Ltd (IN:ADANIPORTS)

Bernstein analyst Nikhil Nigania maintained a Buy rating on Adani Ports & Special Economic Zone Ltd yesterday. The company’s shares closed last Tuesday at .

According to TipRanks.com, Nigania is ranked #5286 out of 12228 analysts.

The the analyst consensus on Adani Ports & Special Economic Zone Ltd is currently a Moderate Buy rating.

Norfolk Southern (NSC)

J.P. Morgan analyst Brian Ossenbeck maintained a Hold rating on Norfolk Southern on April 24 and set a price target of $331.00. The company’s shares closed last Monday at $311.66.

According to TipRanks.com, Ossenbeck is a 4-star analyst with an average return of 7.8% and a 51.4% success rate. Ossenbeck covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Expeditors International. ;'>

Currently, the analyst consensus on Norfolk Southern is a Hold with an average price target of $335.73, which is a 7.3% upside from current levels. In a report issued on April 24, Citi also maintained a Hold rating on the stock with a $335.00 price target.

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