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Analysts Offer Insights on Industrial Goods Companies: NuScale Power (SMR) and Sturm Ruger & Company (RGR)

Tipranks - Wed Feb 25, 9:40AM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on NuScale Power (SMRResearch Report) and Sturm Ruger & Company (RGRResearch Report) with bullish sentiments.

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NuScale Power (SMR)

In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on NuScale Power. The company’s shares closed last Tuesday at $12.84.

According to TipRanks.com, Stine is a 4-star analyst with an average return of 10.7% and a 40.6% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, American Superconductor, and PureCycle Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NuScale Power with a $21.06 average price target, a 70.8% upside from current levels. In a report released today, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $20.00 price target.

See the top stocks recommended by analysts >>

Sturm Ruger & Company (RGR)

In a report released yesterday, Mark Smith from Lake Street maintained a Buy rating on Sturm Ruger & Company, with a price target of $41.00. The company’s shares closed last Tuesday at $37.28.

According to TipRanks.com, Smith is a 4-star analyst with an average return of 6.9% and a 45.5% success rate. Smith covers the NA sector, focusing on stocks such as The ONE Group Hospitality, American Outdoor Brands, and Sportsman’s Warehouse. ;'>

Sturm Ruger & Company has an analyst consensus of Moderate Buy, with a price target consensus of $41.00.

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