This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Industrial Goods Companies: Transdigm Group (TDG) and Advanced Drainage Systems (WMS)

Tipranks - Wed Jun 3, 10:04AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Transdigm Group (TDG) and Advanced Drainage Systems (WMS) with bullish sentiments.

Claim 55% Off TipRanks

Transdigm Group (TDG)

In a report released today, Gavin Parsons from UBS maintained a Buy rating on Transdigm Group, with a price target of $1645.00. The company’s shares closed last Tuesday at $1246.98.

According to TipRanks.com, Parsons is a 4-star analyst with an average return of 10.3% and a 64.4% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, StandardAero, Inc., and Howmet Aerospace. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Transdigm Group with a $1521.20 average price target.

See today’s best-performing stocks on TipRanks >>

Advanced Drainage Systems (WMS)

In a report released today, John Lovallo from UBS maintained a Buy rating on Advanced Drainage Systems, with a price target of $205.00. The company’s shares closed last Tuesday at $137.05.

According to TipRanks.com, Lovallo is a 4-star analyst with an average return of 6.5% and a 52.6% success rate. Lovallo covers the NA sector, focusing on stocks such as Toll Brothers, PulteGroup, and DR Horton. ;'>

Currently, the analyst consensus on Advanced Drainage Systems is a Strong Buy with an average price target of $184.00, representing a 34.7% upside. In a report issued on May 21, TipRanks – DeepSeek also upgraded the stock to Buy with a $152.00 price target.

Read More on TDG:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.