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Analysts Offer Insights on Industrial Goods Companies: Mayville Engineering Company (MEC) and Insperity (NSP)

Tipranks - Tipranks - Thu Feb 12, 5:06AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Mayville Engineering Company (MEC – Research Report) and Insperity (NSP – Research Report).

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Mayville Engineering Company (MEC)

Craig-Hallum analyst Greg Palm maintained a Buy rating on Mayville Engineering Company on February 9. The company’s shares closed last Tuesday at $21.21.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 17.8% and a 56.9% success rate. Palm covers the Technology sector, focusing on stocks such as Frequency Electronics, Digital Turbine, and Bel Fuse Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mayville Engineering Company with a $22.00 average price target.

See today’s best-performing stocks on TipRanks >>

Insperity (NSP)

William Blair analyst Andrew Nicholas assigned a Hold rating to Insperity today. The company’s shares closed last Tuesday at $33.66.

According to TipRanks.com, Nicholas has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -14.3% and a 26.8% success rate. Nicholas covers the Industrial Goods sector, focusing on stocks such as Andersen Group, Inc. Class A, Verisk Analytics, and FTI Consulting. ;'>

Currently, the analyst consensus on Insperity is a Hold with an average price target of $62.00, a 69.0% upside from current levels. In a report issued on January 28, TipRanks – Google also upgraded the stock to Hold with a $45.00 price target.

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