This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Industrial Goods Companies: RBC Bearings (RBC) and Boeing (BA)

Tipranks - Tue May 19, 1:48AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on RBC Bearings (RBC) and Boeing (BA) with bullish sentiments.

Claim 55% Off TipRanks

RBC Bearings (RBC)

In a report released today, Steve Barger from KeyBanc maintained a Buy rating on RBC Bearings. The company’s shares closed last Friday at $569.06.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 25.1% and a 66.0% success rate. Barger covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Lincoln Electric Holdings, and Park-Ohio Holdings. ;'>

Currently, the analyst consensus on RBC Bearings is a Moderate Buy with an average price target of $650.00, implying a 6.6% upside from current levels. In a report issued on May 16, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $654.00 price target.

See the top stocks recommended by analysts >>

Boeing (BA)

In a report released today, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Boeing, with a price target of $295.00. The company’s shares closed last Friday at $220.49.

According to TipRanks.com, Kahyaoglu is a 5-star analyst with an average return of 13.2% and a 59.6% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, BETA Technologies, Inc. Class A, and United Airlines Holdings. ;'>

Currently, the analyst consensus on Boeing is a Strong Buy with an average price target of $273.86, a 20.7% upside from current levels. In a report issued on May 11, UBS also maintained a Buy rating on the stock with a $285.00 price target.

Read More on RBC:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.