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Analysts Offer Insights on Industrial Goods Companies: QXO Inc (QXO) and Hertz Global (HTZ)

Tipranks - Tue Apr 21, 10:50AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on QXO Inc (QXO) and Hertz Global (HTZ).

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QXO Inc (QXO)

In a report released today, Anthony Pettinari from Citi reiterated a Buy rating on QXO Inc, with a price target of $31.00. The company’s shares closed last Monday at $23.12, close to its 52-week low of $10.61.

According to TipRanks.com, Pettinari is a 5-star analyst with an average return of 15.2% and a 65.0% success rate. Pettinari covers the NA sector, focusing on stocks such as International Paper Co, Ardagh Metal Packaging, and Graphic Packaging. ;'>

QXO Inc has an analyst consensus of Strong Buy, with a price target consensus of $33.43, a 38.4% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $28.00 price target.

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Hertz Global (HTZ)

In a report released today, Dan Levy from Barclays maintained a Sell rating on Hertz Global, with a price target of $3.00. The company’s shares closed last Monday at $7.76, close to its 52-week high of $8.21.

According to TipRanks.com, Levy is a 3-star analyst with an average return of 1.3% and a 38.8% success rate. Levy covers the NA sector, focusing on stocks such as Polestar Automotive Holding UK, Mobileye Global, Inc. Class A, and Magna International. ;'>

Hertz Global has an analyst consensus of Moderate Sell, with a price target consensus of $3.67.

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