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Analysts Offer Insights on Industrial Goods Companies: Ceco Environmental (CECO) and Snap-on (SNA)

Tipranks - Tipranks - Tue Apr 28, 11:40AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Ceco Environmental (CECO) and Snap-on (SNA) with bullish sentiments.

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Ceco Environmental (CECO)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Ceco Environmental today. The company’s shares closed last Monday at $64.27.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 22.2% and a 62.6% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Thermon Group Holdings. ;'>

Ceco Environmental has an analyst consensus of Strong Buy, with a price target consensus of $82.25.

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Snap-on (SNA)

In a report released today, Gary Prestopino from Barrington reiterated a Buy rating on Snap-on, with a price target of $407.50. The company’s shares closed last Monday at $380.81.

According to TipRanks.com, Prestopino is a 5-star analyst with an average return of 8.4% and a 53.5% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Methode Electronics, and Powerfleet. ;'>

Currently, the analyst consensus on Snap-on is a Moderate Buy with an average price target of $398.70, which is a 5.2% upside from current levels. In a report issued on April 23, TipRanks – xAI also reiterated a Buy rating on the stock with a $438.00 price target.

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