Analysts Are Bullish on Top Industrial Goods Stocks: Xylem (XYL), GXO Logistics (GXO)
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Xylem (XYL – Research Report), GXO Logistics (GXO – Research Report) and Snap-on (SNA – Research Report) with bullish sentiments.
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Xylem (XYL)
J.P. Morgan analyst Michael Fairbanks maintained a Buy rating on Xylem today and set a price target of $170.00. The company’s shares closed last Tuesday at $128.92.
According to TipRanks.com, Fairbanks is ranked #9147 out of 12109 analysts.
Currently, the analyst consensus on Xylem is a Strong Buy with an average price target of $163.09, a 29.2% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $162.00 price target.
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GXO Logistics (GXO)
Jefferies analyst Stephanie Moore reiterated a Buy rating on GXO Logistics today and set a price target of $68.00. The company’s shares closed last Tuesday at $58.00.
According to TipRanks.com, Moore is a 5-star analyst with an average return of
Currently, the analyst consensus on GXO Logistics is a Strong Buy with an average price target of $67.88, a 16.0% upside from current levels. In a report issued on January 27, Goldman Sachs also maintained a Buy rating on the stock with a $68.00 price target.
Snap-on (SNA)
Barrington analyst Gary Prestopino reiterated a Buy rating on Snap-on today and set a price target of $407.50. The company’s shares closed last Tuesday at $377.41.
According to TipRanks.com, Prestopino is a 4-star analyst with an average return of
Snap-on has an analyst consensus of Hold, with a price target consensus of $371.38, which is a 0.8% upside from current levels. In a report issued on February 5, Roth MKM also reiterated a Buy rating on the stock with a $385.00 price target.
