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Analysts Offer Insights on Industrial Goods Companies: Orion Group Holdings (ORN), Amprius Technologies Inc (AMPX) and Proto Labs (PRLB)

Tipranks - Thu Feb 5, 9:54AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Orion Group Holdings (ORNResearch Report), Amprius Technologies Inc (AMPXResearch Report) and Proto Labs (PRLBResearch Report) with bullish sentiments.

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Orion Group Holdings (ORN)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Orion Group Holdings today. The company’s shares closed last Wednesday at $12.59.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 24.6% and a 63.9% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Thermon Group Holdings. ;'>

Orion Group Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $16.00, implying a 20.3% upside from current levels. In a report issued on January 22, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $16.00 price target.

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Amprius Technologies Inc (AMPX)

Northland Securities analyst Ted Jackson maintained a Buy rating on Amprius Technologies Inc today and set a price target of $20.00. The company’s shares closed last Wednesday at $13.31.

According to TipRanks.com, Jackson is a 5-star analyst with an average return of 30.4% and a 50.4% success rate. Jackson covers the Industrial Goods sector, focusing on stocks such as Hyster-Yale Materials Handling, Mayville Engineering Company, and Alta Equipment Group. ;'>

Amprius Technologies Inc has an analyst consensus of Strong Buy, with a price target consensus of $17.57, a 19.8% upside from current levels. In a report released yesterday, William Blair also reiterated a Buy rating on the stock.

Proto Labs (PRLB)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on Proto Labs. The company’s shares closed last Wednesday at $53.83.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 15.8% and a 57.8% success rate. Palm covers the Technology sector, focusing on stocks such as Frequency Electronics, ON Semiconductor, and Digital Turbine. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Proto Labs.

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