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Analysts Are Bullish on These Industrial Goods Stocks: TFI International (TFII), Imdex Ltd (IMDXF)

Tipranks - Tipranks - Tue Apr 14, 8:52PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on TFI International (TFII) and Imdex Ltd (IMDXF) with bullish sentiments.

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TFI International (TFII)

RBC Capital analyst Walter Spracklin maintained a Buy rating on TFI International yesterday and set a price target of $137.00. The company’s shares closed last Monday at $124.30.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 17.7% and a 68.6% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Norfolk Southern. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TFI International with a $124.91 average price target, which is a 4.0% upside from current levels. In a report issued on April 7, Citi also maintained a Buy rating on the stock with a $144.00 price target.

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Imdex Ltd (IMDXF)

In a report released today, Joseph House from Bell Potter maintained a Buy rating on Imdex Ltd, with a price target of A$4.60. The company’s shares closed last Thursday at $2.93.

House has an average return of 3.0% when recommending Imdex Ltd. ;'>

According to TipRanks.com, House is ranked #414 out of 12179 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Imdex Ltd with a $3.22 average price target, a 9.9% upside from current levels. In a report issued on April 4, TipRanks – xAI also reiterated a Buy rating on the stock with a A$4.00 price target.

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