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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: nVent Electric (NVT), Woodward (WWD) and Xometry (XMTR)

Tipranks - Tue May 5, 6:52AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on nVent Electric (NVT), Woodward (WWD) and Xometry (XMTR).

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nVent Electric (NVT)

In a report released yesterday, Deane Dray from RBC Capital maintained a Buy rating on nVent Electric, with a price target of $180.00. The company’s shares closed last Friday at $158.92.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 14.3% and a 62.7% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International. ;'>

nVent Electric has an analyst consensus of Strong Buy, with a price target consensus of $167.00, implying a 1.6% upside from current levels. In a report issued on May 1, William Blair also maintained a Buy rating on the stock.

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Woodward (WWD)

RBC Capital analyst Kenneth Herbert maintained a Buy rating on Woodward yesterday and set a price target of $450.00. The company’s shares closed last Friday at $362.99.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 23.7% and a 64.0% success rate. Herbert covers the Industrial Goods sector, focusing on stocks such as Amentum Holdings, Inc., L3Harris Technologies, and Karman Holdings Inc. ;'>

Woodward has an analyst consensus of Moderate Buy, with a price target consensus of $438.17, which is a 21.6% upside from current levels. In a report issued on May 1, Deutsche Bank also maintained a Buy rating on the stock with a $470.00 price target.

Xometry (XMTR)

RBC Capital analyst Matthew Swanson maintained a Hold rating on Xometry today and set a price target of $55.00. The company’s shares closed last Friday at $53.67.

According to TipRanks.com, Swanson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.2% and a 40.4% success rate. Swanson covers the Technology sector, focusing on stocks such as International Business Machines, Zeta Global Holdings Corp, and Thryv Holdings. ;'>

Currently, the analyst consensus on Xometry is a Moderate Buy with an average price target of $59.40, implying a 14.1% upside from current levels. In a report issued on April 19, TipRanks – xAI also reiterated a Hold rating on the stock with a $47.00 price target.

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