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Analysts Offer Insights on Industrial Goods Companies: CompoSecure (CMPO), RB Global (RBA) and Rocket Lab USA (RKLB)

Tipranks - Fri Jan 23, 8:32AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on CompoSecure (CMPOResearch Report), RB Global (RBAResearch Report) and Rocket Lab USA (RKLBResearch Report).

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CompoSecure (CMPO)

In a report released today, Jacob Stephan from Lake Street maintained a Buy rating on CompoSecure, with a price target of $25.00. The company’s shares closed last Thursday at $25.26.

According to TipRanks.com, Stephan is a 5-star analyst with an average return of 25.3% and a 54.3% success rate. Stephan covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Sequans Communications S A, and Research Solutions. ;'>

Currently, the analyst consensus on CompoSecure is a Strong Buy with an average price target of $26.00, representing a 1.2% upside. In a report issued on January 13, TipRanks – Google also reiterated a Buy rating on the stock with a $23.50 price target.

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RB Global (RBA)

Bank of America Securities analyst Michael Feniger maintained a Buy rating on RB Global today. The company’s shares closed last Thursday at $116.23.

According to TipRanks.com, Feniger is a 5-star analyst with an average return of 11.6% and a 65.1% success rate. Feniger covers the Industrial Goods sector, focusing on stocks such as Construction Partners, GFL Environmental, and Waste Connections. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for RB Global with a $130.50 average price target, a 13.0% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a C$176.00 price target.

Rocket Lab USA (RKLB)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Hold rating on Rocket Lab USA. The company’s shares closed last Thursday at $85.65.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 19.7% and a 51.6% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Frequency Electronics, and Alkami Technology. ;'>

Currently, the analyst consensus on Rocket Lab USA is a Moderate Buy with an average price target of $86.89, implying a -1.1% downside from current levels. In a report issued on January 15, KeyBanc also downgraded the stock to Hold with a $75.00 price target.

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