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Analysts Offer Insights on Industrial Goods Companies: Pentair (PNR), Dongfang Electric (OtherDNGFF) and Qantas Airways Limited (OtherQUBSF)

Tipranks - Fri Mar 6, 1:58AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Pentair (PNRResearch Report), Dongfang Electric (DNGFFResearch Report) and Qantas Airways Limited (QUBSFResearch Report).

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Pentair (PNR)

KeyBanc analyst Jeffrey Hammond maintained a Hold rating on Pentair today. The company’s shares closed last Wednesday at $96.93.

According to TipRanks.com, Hammond is a 5-star analyst with an average return of 14.0% and a 63.1% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Janus International Group, and Advanced Drainage Systems. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pentair with a $118.23 average price target, which is a 21.0% upside from current levels. In a report issued on February 20, Barclays also maintained a Hold rating on the stock with a $102.00 price target.

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Dongfang Electric (DNGFF)

Citi analyst Bella Tian maintained a Buy rating on Dongfang Electric yesterday and set a price target of HK$45.00. The company’s shares closed last Friday at $4.25.

Tian has an average return of 80.9% when recommending Dongfang Electric. ;'>

According to TipRanks.com, Tian is ranked #3391 out of 12134 analysts.

Currently, the analyst consensus on Dongfang Electric is a Moderate Buy with an average price target of $5.76.

Qantas Airways Limited (QUBSF)

RBC Capital analyst Owen Birrell upgraded Qantas Airways Limited to Buy yesterday and set a price target of A$11.25. The company’s shares closed last Tuesday at $6.51.

According to TipRanks.com, Birrell is a 4-star analyst with an average return of 8.4% and a 59.0% success rate. Birrell covers the Industrial Goods sector, focusing on stocks such as Cleanaway Waste Management, Aurizon Holdings, and Transurban Group. ;'>

Currently, the analyst consensus on Qantas Airways Limited is a Strong Buy with an average price target of $8.63, representing a 35.3% upside. In a report issued on February 26, Citi also maintained a Buy rating on the stock with a A$12.10 price target.

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