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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: RBC Bearings (RBC), Carrier Global (CARR) and Ralliant Corporation (RAL)

Tipranks - Sat Feb 7, 6:58AM CST

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on RBC Bearings (RBCResearch Report), Carrier Global (CARRResearch Report) and Ralliant Corporation (RALResearch Report).

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RBC Bearings (RBC)

In a report released today, Michael Ciarmoli from Truist Financial reiterated a Buy rating on RBC Bearings, with a price target of $559.00. The company’s shares closed last Thursday at $520.16.

According to TipRanks.com, Ciarmoli is a top 25 analyst with an average return of 25.8% and a 73.3% success rate. Ciarmoli covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Karman Holdings Inc., and AerSale Corporation. ;'>

RBC Bearings has an analyst consensus of Strong Buy, with a price target consensus of $570.25, implying a 15.6% upside from current levels. In a report released today, William Blair also maintained a Buy rating on the stock.

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Carrier Global (CARR)

Wells Fargo analyst Joe O’Dea maintained a Hold rating on Carrier Global today and set a price target of $65.00. The company’s shares closed last Thursday at $63.10.

According to TipRanks.com, O’Dea is a 5-star analyst with an average return of 11.2% and a 63.6% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on Carrier Global is a Moderate Buy with an average price target of $70.20, implying an 8.7% upside from current levels. In a report released yesterday, TipRanks – Google also downgraded the stock to Hold with a $70.00 price target.

Ralliant Corporation (RAL)

RBC Capital analyst Deane Dray maintained a Hold rating on Ralliant Corporation yesterday and set a price target of $41.00. The company’s shares closed last Thursday at $38.39, close to its 52-week low of $37.27.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 13.4% and a 62.2% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International. ;'>

Ralliant Corporation has an analyst consensus of Strong Buy, with a price target consensus of $53.13.

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