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Analysts Offer Insights on Industrial Goods Companies: Stantec (STN) and Babcock & Wilcox Company (BW)

Tipranks - Tue Mar 10, 9:54AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Stantec (STNResearch Report) and Babcock & Wilcox Company (BWResearch Report) with bullish sentiments.

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Stantec (STN)

In a report issued on March 5, Yuri Lynk from Canaccord Genuity maintained a Buy rating on Stantec, with a price target of C$175.00. The company’s shares closed last Monday at $88.85, close to its 52-week high of $90.24.

Lynk has an average return of 15.9% when recommending Stantec. ;'>

According to TipRanks.com, Lynk is ranked #972 out of 12122 analysts.

Currently, the analyst consensus on Stantec is a Strong Buy with an average price target of $120.93, which is a 36.1% upside from current levels. In a report issued on February 28, TipRanks – xAI also upgraded the stock to Buy with a C$140.00 price target.

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Babcock & Wilcox Company (BW)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Babcock & Wilcox Company today. The company’s shares closed last Monday at $13.99.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 19.6% and a 58.3% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Bowman Consulting Group, Thermon Group Holdings, and Shimmick Corporation. ;'>

Babcock & Wilcox Company has an analyst consensus of Strong Buy, with a price target consensus of $9.50, a -25.4% downside from current levels. In a report issued on March 5, TipRanks – Google also upgraded the stock to Buy with a $13.50 price target.

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