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Analysts Offer Insights on Industrial Goods Companies: Lincoln Electric Holdings (LECO), Ralliant Corporation (RAL) and EnerSys (ENS)

Tipranks - Thu May 28, 5:00AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Lincoln Electric Holdings (LECO), Ralliant Corporation (RAL) and EnerSys (ENS).

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Lincoln Electric Holdings (LECO)

Barclays analyst Adam Seiden maintained a Buy rating on Lincoln Electric Holdings today and set a price target of $300.00. The company’s shares closed last Tuesday at $265.31.

According to TipRanks.com, Seiden is a 5-star analyst with an average return of 11.9% and a 58.1% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Legence Corp. Class A, Manitowoc Company, and Jacobs Solutions. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lincoln Electric Holdings with a $286.80 average price target.

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Ralliant Corporation (RAL)

In a report released yesterday, Julian Mitchell from Barclays maintained a Buy rating on Ralliant Corporation, with a price target of $67.00. The company’s shares closed last Tuesday at $62.06, close to its 52-week high of $62.95.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 16.5% and a 63.7% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Emerson Electric Company, and Honeywell International. ;'>

Ralliant Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $65.25, representing a 4.6% upside. In a report issued on May 12, TipRanks – PerPlexity also upgraded the stock to Buy with a $55.00 price target.

EnerSys (ENS)

In a report released today, Brian Drab from William Blair maintained a Hold rating on EnerSys. The company’s shares closed last Tuesday at $243.34.

According to TipRanks.com, Drab is a 5-star analyst with an average return of 39.8% and a 76.9% success rate. Drab covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings, Generac Holdings, and Vertiv Holdings. ;'>

Currently, the analyst consensus on EnerSys is a Strong Buy with an average price target of $257.50.

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