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Analysts Are Bullish on Top Industrial Goods Stocks: RBC Bearings (RBC), Verisk Analytics (VRSK)

Tipranks - Tipranks - Tue Mar 3, 4:04AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on RBC Bearings (RBC – Research Report) and Verisk Analytics (VRSK – Research Report) with bullish sentiments.

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RBC Bearings (RBC)

KeyBanc analyst Steve Barger maintained a Buy rating on RBC Bearings today and set a price target of $680.00. The company’s shares closed last Friday at $575.92.

According to TipRanks.com, Barger is a 5-star analyst with an average return of 22.7% and a 69.1% 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 Strong Buy with an average price target of $603.20, representing a 5.5% upside. In a report issued on February 23, Bank of America Securities also maintained a Buy rating on the stock with a $650.00 price target.

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Verisk Analytics (VRSK)

Barclays analyst Manav Patnaik maintained a Buy rating on Verisk Analytics today and set a price target of $275.00. The company’s shares closed last Friday at $207.57.

According to TipRanks.com, Patnaik is a 4-star analyst with an average return of 5.8% and a 55.9% success rate. Patnaik covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Vestis Corporation, and Mcgrath Rentcorp. ;'>

Verisk Analytics has an analyst consensus of Moderate Buy, with a price target consensus of $224.91, implying an 11.4% upside from current levels. In a report issued on February 25, TipRanks – PerPlexity also upgraded the stock to Buy with a $203.00 price target.

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