Analysts Are Bullish on These Industrial Goods Stocks: Fastenal Company (FAST), RB Global (RBA)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Fastenal Company (FAST – Research Report) and RB Global (RBA – Research Report) with bullish sentiments.
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Fastenal Company (FAST)
William Blair analyst Ryan Merkel maintained a Buy rating on Fastenal Company today. The company’s shares closed last Thursday at $47.06.
According to TipRanks.com, Merkel is a 4-star analyst with an average return of
Currently, the analyst consensus on Fastenal Company is a Moderate Buy with an average price target of $46.38.
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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 $103.50, close to its 52-week high of $106.90.
According to TipRanks.com, Feniger is a 4-star analyst with an average return of
RB Global has an analyst consensus of Strong Buy, with a price target consensus of $137.00, implying a 33.3% upside from current levels. In a report issued on February 19, Barrington also maintained a Buy rating on the stock with a $125.00 price target.
