Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Industrial Goods Companies: Woodward (WWD), MasTec (MTZ) and nVent Electric (NVT)

Tipranks - Tue May 5, 6:52AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Woodward (WWD), MasTec (MTZ) and nVent Electric (NVT) with bullish sentiments.

Claim 55% Off TipRanks

Woodward (WWD)

Goldman Sachs analyst Noah Poponak maintained a Buy rating on Woodward yesterday and set a price target of $468.00. The company’s shares closed last Friday at $362.99.

According to TipRanks.com, Poponak is a 4-star analyst with an average return of 6.9% and a 51.6% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, York Space Systems, Inc., and Firefly Aerospace, Inc. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Woodward with a $442.43 average price target, representing a 22.7% upside. In a report issued on April 30, RBC Capital also maintained a Buy rating on the stock with a $450.00 price target.

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

MasTec (MTZ)

In a report released today, Atidrip Modak from Goldman Sachs reiterated a Buy rating on MasTec, with a price target of $487.00. The company’s shares closed last Friday at $417.41.

According to TipRanks.com, Modak is a 5-star analyst with an average return of 26.6% and a 53.4% success rate. Modak covers the NA sector, focusing on stocks such as Weatherford International, Atlas Energy Solutions, and Helmerich & Payne. ;'>

MasTec has an analyst consensus of Strong Buy, with a price target consensus of $426.80, representing a 4.9% upside. In a report issued on April 20, TipRanks – xAI also upgraded the stock to Buy with a $410.00 price target.

nVent Electric (NVT)

In a report released yesterday, Joe Ritchie from Goldman Sachs maintained a Buy rating on nVent Electric, with a price target of $187.00. The company’s shares closed last Friday at $158.92.

According to TipRanks.com, Ritchie is a 5-star analyst with an average return of 15.3% and a 62.2% success rate. Ritchie covers the Industrial Goods sector, focusing on stocks such as EquipmentShare.com, Inc., Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on nVent Electric is a Strong Buy with an average price target of $169.00, a 2.9% upside from current levels. In a report issued on May 1, William Blair also maintained a Buy rating on the stock.

Read More on WWD:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.