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Analysts Offer Insights on Industrial Goods Companies: Copart (CPRT) and Owens Corning (OC)

Tipranks - Thu Feb 26, 8:20AM CST

Analysts fell to the sidelines weighing in on Copart (CPRTResearch Report) and Owens Corning (OCResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Copart (CPRT)

Argus Research analyst John Staszak maintained a Hold rating on Copart yesterday. The company’s shares closed last Tuesday at $35.28.

According to TipRanks.com, Staszak is a 5-star analyst with an average return of 8.6% and a 58.0% success rate. Staszak covers the NA sector, focusing on stocks such as Restaurant Brands International, Wolverine World Wide, and Peloton Interactive. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Copart with a $38.00 average price target, implying a 7.0% upside from current levels. In a report issued on February 20, TipRanks – Google also downgraded the stock to Hold with a $40.00 price target.

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Owens Corning (OC)

In a report released today, Keith Hughes from Truist Financial maintained a Hold rating on Owens Corning. The company’s shares closed last Tuesday at $126.63.

According to TipRanks.com, Hughes is a top 100 analyst with an average return of 21.2% and a 68.3% success rate. Hughes covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, SiteOne Landscape Supply, and Builders Firstsource. ;'>

Currently, the analyst consensus on Owens Corning is a Moderate Buy with an average price target of $140.50.

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