Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: QXO Inc (QXO) and Crane NXT (CXT)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on QXO Inc (QXO – Research Report) and Crane NXT (CXT – Research Report).
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QXO Inc (QXO)
William Blair analyst Ryan Merkel maintained a Buy rating on QXO Inc today. The company’s shares closed last Wednesday at $27.06, close to its 52-week low of $10.61.
According to TipRanks.com, Merkel is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for QXO Inc with a $33.86 average price target.
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Crane NXT (CXT)
Northland Securities analyst Bobby Brooks maintained a Hold rating on Crane NXT today and set a price target of $69.00. The company’s shares closed last Wednesday at $51.73, close to its 52-week low of $50.87.
According to TipRanks.com, Brooks is a 5-star analyst with an average return of
Crane NXT has an analyst consensus of Moderate Buy, with a price target consensus of $83.50, implying a 51.7% upside from current levels. In a report issued on January 28, TipRanks – xAI also reiterated a Hold rating on the stock with a $53.00 price target.
