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Analysts’ Top Industrial Goods Picks: RB Global (RBA), General Dynamics (GD)

Tipranks - Wed Jul 29, 10:46AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on RB Global (RBA) and General Dynamics (GD) with bullish sentiments.

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RB Global (RBA)

In a report released today, Michael Feniger from Bank of America Securities maintained a Buy rating on RB Global. The company’s shares closed last Tuesday at $117.05.

According to TipRanks.com, Feniger is a 5-star analyst with an average return of 9.9% and a 62.3% success rate. Feniger covers the Industrial Goods sector, focusing on stocks such as Construction Partners, GFL Environmental, and Republic Services. ;'>

RB Global has an analyst consensus of Strong Buy, with a price target consensus of $135.20, implying a 15.5% upside from current levels. In a report issued on July 22, Barclays also maintained a Buy rating on the stock with a $121.00 price target.

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General Dynamics (GD)

Bank of America Securities analyst Ronald Epstein maintained a Buy rating on General Dynamics today. The company’s shares closed last Tuesday at $390.91.

According to TipRanks.com, Epstein is a 5-star analyst with an average return of 21.9% and a 67.0% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Howmet Aerospace, Northrop Grumman, and Aercap Holdings. ;'>

General Dynamics has an analyst consensus of Moderate Buy, with a price target consensus of $389.64, a -0.9% downside from current levels. In a report issued on July 25, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $456.00 price target.

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