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Analysts Offer Insights on Industrial Goods Companies: Otis Worldwide (OTIS), Siemens Energy (OtherSMEGF) and FedEx (FDX)

Tipranks - Fri Mar 20, 7:03AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Otis Worldwide (OTIS), Siemens Energy (SMEGF) and FedEx (FDX).

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Otis Worldwide (OTIS)

J.P. Morgan analyst Stephen Tusa maintained a Hold rating on Otis Worldwide today. The company’s shares closed last Wednesday at $78.53.

According to TipRanks.com, Tusa is a 5-star analyst with an average return of 15.5% and a 65.5% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International. ;'>

Otis Worldwide has an analyst consensus of Hold, with a price target consensus of $99.40.

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Siemens Energy (SMEGF)

Bernstein analyst Alasdair Leslie maintained a Buy rating on Siemens Energy today and set a price target of EUR150.00. The company’s shares closed last Wednesday at $181.11.

According to TipRanks.com, Leslie is a 1-star analyst with an average return of -0.6% and a 47.3% success rate. Leslie covers the Industrial Goods sector, focusing on stocks such as Siemens Energy, Siemens AG, and ABB Ltd. ;'>

Siemens Energy has an analyst consensus of Strong Buy, with a price target consensus of $188.40, implying a 9.6% upside from current levels. In a report issued on March 10, TipRanks – xAI also reiterated a Buy rating on the stock with a EUR167.00 price target.

FedEx (FDX)

Bernstein analyst David Vernon reiterated a Buy rating on FedEx yesterday and set a price target of $457.00. The company’s shares closed last Wednesday at $349.74.

According to TipRanks.com, Vernon is a 4-star analyst with an average return of 6.1% and a 57.7% success rate. Vernon covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and United Airlines Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for FedEx with a $384.70 average price target, implying an 8.5% upside from current levels. In a report issued on March 11, Wells Fargo also maintained a Buy rating on the stock with a $430.00 price target.

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