Analysts Offer Insights on Industrial Goods Companies: Timken Company (TKR) and Old Dominion Freight (ODFL)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Timken Company (TKR – Research Report) and Old Dominion Freight (ODFL – Research Report).
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Timken Company (TKR)
Oppenheimer analyst Bryan Blair maintained a Buy rating on Timken Company today and set a price target of $108.00. The company’s shares closed last Wednesday at $98.99.
According to TipRanks.com, Blair is a 5-star analyst with an average return of
Currently, the analyst consensus on Timken Company is a Moderate Buy with an average price target of $101.40, implying a 6.6% upside from current levels. In a report issued on January 21, TipRanks – xAI also upgraded the stock to Buy with a $104.00 price target.
See today’s best-performing stocks on TipRanks >>
Old Dominion Freight (ODFL)
In a report released today, Jonathan Chappell from Evercore ISI maintained a Hold rating on Old Dominion Freight, with a price target of $200.00. The company’s shares closed last Wednesday at $208.54.
According to TipRanks.com, Chappell is a 5-star analyst with an average return of
Currently, the analyst consensus on Old Dominion Freight is a Hold with an average price target of $185.59, representing a -3.1% downside. In a report released today, Barclays also maintained a Hold rating on the stock with a $185.00 price target.
