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Analysts Offer Insights on Industrial Goods Companies: Hub Group (HUBG), PureCycle Technologies (PCT) and Quanta Services (PWR)

Tipranks - Tipranks - Fri Apr 3, 6:42AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Hub Group (HUBG), PureCycle Technologies (PCT) and Quanta Services (PWR).

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Hub Group (HUBG)

In a report released today, J. Bruce Chan from Stifel Nicolaus maintained a Sell rating on Hub Group, with a price target of $29.00. The company’s shares closed last Wednesday at $36.61, close to its 52-week low of $36.04.

According to TipRanks.com, Chan is a 4-star analyst with an average return of 3.2% and a 52.7% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Proficient Auto Logistics, Inc., Expeditors International, and Knight Transportation. ;'>

Hub Group has an analyst consensus of Moderate Buy, with a price target consensus of $43.40.

See today’s best-performing stocks on TipRanks >>

PureCycle Technologies (PCT)

Cantor Fitzgerald analyst Andres Sheppard reiterated a Buy rating on PureCycle Technologies yesterday and set a price target of $14.00. The company’s shares closed last Wednesday at $5.11, close to its 52-week low of $4.50.

According to TipRanks.com, Sheppard is a 4-star analyst with an average return of 6.9% and a 37.9% success rate. Sheppard covers the Industrial Goods sector, focusing on stocks such as Serve Robotics Inc, Intuitive Machines, and Vertical Aerospace. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PureCycle Technologies with a $13.25 average price target.

Quanta Services (PWR)

In a report released today, Jamie Cook from Truist Financial reiterated a Buy rating on Quanta Services, with a price target of $549.00. The company’s shares closed last Wednesday at $560.12.

According to TipRanks.com, Cook is a 5-star analyst with an average return of 15.9% and a 67.9% success rate. Cook covers the Industrial Goods sector, focusing on stocks such as EquipmentShare.com, Inc., Illinois Tool Works, and Jacobs Solutions. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Quanta Services with a $600.89 average price target, representing an 8.1% upside. In a report issued on March 27, BMO Capital also upgraded the stock to Buy with a $650.00 price target.

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