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Analysts Offer Insights on Industrial Goods Companies: Cintas (CTAS), SKYX Platforms (SKYX) and T1 Energy (TE)

Tipranks - Wed May 13, 8:44AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Cintas (CTAS), SKYX Platforms (SKYX) and T1 Energy (TE) with bullish sentiments.

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Cintas (CTAS)

Truist Financial analyst Jasper Bibb maintained a Buy rating on Cintas today. The company’s shares closed last Tuesday at $166.83, close to its 52-week low of $162.16.

According to TipRanks.com, Bibb is a 4-star analyst with an average return of 10.7% and a 62.7% success rate. Bibb covers the Industrial Goods sector, focusing on stocks such as ARAMARK Holdings, ABM Industries, and Pitney Bowes. ;'>

Cintas has an analyst consensus of Moderate Buy, with a price target consensus of $215.20, a 30.7% upside from current levels. In a report issued on May 6, Barclays also maintained a Buy rating on the stock with a $245.00 price target.

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SKYX Platforms (SKYX)

In a report released today, Jacob Stephan from Lake Street reiterated a Buy rating on SKYX Platforms, with a price target of $5.00. The company’s shares closed last Tuesday at $1.27.

According to TipRanks.com, Stephan is a 5-star analyst with an average return of 22.0% and a 56.3% success rate. Stephan covers the Technology sector, focusing on stocks such as Priority Technology Holdings, Sequans Communications S A, and Research Solutions. ;'>

SKYX Platforms has an analyst consensus of Strong Buy, with a price target consensus of $4.50.

T1 Energy (TE)

In a report released today, Sean Milligan from Needham reiterated a Buy rating on T1 Energy, with a price target of $8.00. The company’s shares closed last Tuesday at $6.31.

According to TipRanks.com, Milligan is a 2-star analyst with an average return of 1.8% and a 56.9% success rate. Milligan covers the Technology sector, focusing on stocks such as Shoals Technologies Group, First Solar, and Itron. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for T1 Energy with a $8.38 average price target, which is a 38.7% upside from current levels. In a report released yesterday, BTIG also assigned a Buy rating to the stock with a $7.00 price target.

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