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Analysts Offer Insights on Industrial Goods Companies: AMMO (POWW), Kadant (KAI) and nVent Electric (NVT)

Tipranks - Tue Feb 10, 8:02AM CST

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on AMMO (POWWResearch Report), Kadant (KAIResearch Report) and nVent Electric (NVTResearch Report).

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AMMO (POWW)

Lake Street analyst Mark Smith maintained a Buy rating on AMMO today and set a price target of $2.50. The company’s shares closed last Friday at $1.68.

According to TipRanks.com, Smith is a 4-star analyst with an average return of 7.2% and a 45.1% success rate. Smith covers the NA sector, focusing on stocks such as The ONE Group Hospitality, American Outdoor Brands, and Sportsman’s Warehouse. ;'>

AMMO has an analyst consensus of Moderate Buy, with a price target consensus of $2.38.

See the top stocks recommended by analysts >>

Kadant (KAI)

D.A. Davidson analyst Kurt Yinger maintained a Hold rating on Kadant today. The company’s shares closed last Friday at $343.11.

According to TipRanks.com, Yinger is a 5-star analyst with an average return of 17.5% and a 67.8% success rate. Yinger covers the Industrial Goods sector, focusing on stocks such as Builders Firstsource, Louisiana-Pacific, and Bluelinx Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kadant.

nVent Electric (NVT)

Roth MKM analyst Justin Clare maintained a Buy rating on nVent Electric today and set a price target of $130.00. The company’s shares closed last Friday at $112.64.

According to TipRanks.com, Clare is a 5-star analyst with an average return of 15.2% and a 57.1% success rate. Clare covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, American Superconductor, and Broadwind Energy. ;'>

nVent Electric has an analyst consensus of Strong Buy, with a price target consensus of $135.00, implying a 25.6% upside from current levels. In a report issued on February 6, Barclays also maintained a Buy rating on the stock with a $141.00 price target.

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