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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Global Payments (GPN), Transdigm Group (TDG) and Symbotic (SYM)

Tipranks - Fri May 8, 6:36AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Global Payments (GPN), Transdigm Group (TDG) and Symbotic (SYM).

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Global Payments (GPN)

In a report released today, Will Nance from Goldman Sachs maintained a Hold rating on Global Payments, with a price target of $82.00. The company’s shares closed last Wednesday at $69.63.

According to TipRanks.com, Nance ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.6% and a 42.1% success rate. Nance covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Paymentus Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Global Payments with a $98.53 average price target, implying a 36.3% upside from current levels. In a report issued on April 27, BMO Capital also initiated coverage with a Hold rating on the stock with a $76.00 price target.

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Transdigm Group (TDG)

Goldman Sachs analyst Noah Poponak maintained a Buy rating on Transdigm Group yesterday and set a price target of $1937.00. The company’s shares closed last Wednesday at $1233.37.

According to TipRanks.com, Poponak is a 4-star analyst with an average return of 6.7% and a 50.9% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, York Space Systems, Inc., and Firefly Aerospace, Inc. ;'>

Transdigm Group has an analyst consensus of Strong Buy, with a price target consensus of $1484.39, which is a 20.5% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $1525.00 price target.

Symbotic (SYM)

Goldman Sachs analyst Mark Delaney maintained a Sell rating on Symbotic today and set a price target of $54.00. The company’s shares closed last Wednesday at $61.16.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 22.9% and a 64.3% success rate. Delaney covers the Technology sector, focusing on stocks such as Keysight Technologies, TE Connectivity, and Cerence. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Symbotic with a $65.86 average price target, representing a 9.8% upside. In a report released today, Barclays also maintained a Sell rating on the stock with a $44.00 price target.

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