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Analysts Offer Insights on Industrial Goods Companies: Ryder System (R) and CryoPort (CYRX)

Tipranks - Sat Apr 18, 8:24AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Ryder System (R) and CryoPort (CYRX) with bullish sentiments.

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Ryder System (R)

Morgan Stanley analyst Ravi Shanker maintained a Buy rating on Ryder System today and set a price target of $263.00. The company’s shares closed last Thursday at $221.38.

According to TipRanks.com, Shanker is a 2-star analyst with an average return of 0.0% and a 49.3% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, United Airlines Holdings, and Allegiant Travel Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ryder System with a $232.86 average price target, representing a 9.5% upside. In a report issued on April 9, Citi also maintained a Buy rating on the stock with a $239.00 price target.

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CryoPort (CYRX)

In a report released today, Greg Palm from Craig-Hallum maintained a Buy rating on CryoPort. The company’s shares closed last Thursday at $10.17.

According to TipRanks.com, Palm is a 5-star analyst with an average return of 15.2% and a 52.0% success rate. Palm covers the Technology sector, focusing on stocks such as Digital Turbine, Bel Fuse Inc, and 3D Systems. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CryoPort with a $12.75 average price target, representing a 26.7% upside. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $13.00 price target.

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