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Analysts Offer Insights on Industrial Goods Companies: Boeing (BA) and Proto Labs (PRLB)

Tipranks - Tipranks - Tue May 5, 1:32AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Boeing (BA) and Proto Labs (PRLB).

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Boeing (BA)

Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on Boeing today and set a price target of $295.00. The company’s shares closed last Friday at $227.38.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 12.9% and a 58.8% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, BETA Technologies, Inc. Class A, and United Airlines Holdings. ;'>

Currently, the analyst consensus on Boeing is a Strong Buy with an average price target of $274.27, a 19.0% upside from current levels. In a report issued on April 20, Bernstein also maintained a Buy rating on the stock with a $298.00 price target.

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Proto Labs (PRLB)

In a report released today, Brian Drab from William Blair maintained a Hold rating on Proto Labs. The company’s shares closed last Friday at $65.17.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 34.6% and a 71.3% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings, Donaldson Company, and Generac Holdings. ;'>

Proto Labs has an analyst consensus of Moderate Buy, with a price target consensus of $64.00, representing a -1.5% downside. In a report issued on May 1, Needham also maintained a Hold rating on the stock with a $64.00 price target.

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