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Analysts Offer Insights on Industrial Goods Companies: JetBlue Airways (JBLU) and Old Dominion Freight (ODFL)

Tipranks - Tipranks - Wed Jun 3, 7:40AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on JetBlue Airways (JBLU) and Old Dominion Freight (ODFL).

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JetBlue Airways (JBLU)

Goldman Sachs analyst Catherine O’Brien maintained a Sell rating on JetBlue Airways yesterday and set a price target of $3.50. The company’s shares closed last Monday at $5.15.

According to TipRanks.com, O’Brien is a 1-star analyst with an average return of -1.9% and a 51.0% success rate. O’Brien covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Southwest Airlines, and American Airlines. ;'>

Currently, the analyst consensus on JetBlue Airways is a Hold with an average price target of $5.27, implying a 1.0% upside from current levels. In a report issued on May 26, UBS also maintained a Sell rating on the stock with a $4.00 price target.

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Old Dominion Freight (ODFL)

Susquehanna analyst Harrison Bauer maintained a Hold rating on Old Dominion Freight today and set a price target of $224.00. The company’s shares closed last Monday at $228.53, close to its 52-week high of $233.26.

According to TipRanks.com, Bauer is a 2-star analyst with an average return of 0.1% and a 50.0% success rate. Bauer covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Werner Enterprises, and Schneider National. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Old Dominion Freight with a $218.42 average price target, implying a -0.4% downside from current levels. In a report issued on May 28, Barclays also maintained a Hold rating on the stock with a $210.00 price target.

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