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Analysts Offer Insights on Industrial Goods Companies: Trex Company (TREX), Airbus Group SE (OtherEADSF) and Veralto Corporation (VLTO)

Tipranks - Tipranks - Tue May 12, 2:52AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Trex Company (TREX), Airbus Group SE (EADSF) and Veralto Corporation (VLTO).

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Trex Company (TREX)

In a report released today, Matthew Bouley from Barclays maintained a Sell rating on Trex Company, with a price target of $36.00. The company’s shares closed last Friday at $40.20.

According to TipRanks.com, Bouley is a 5-star analyst with an average return of 12.9% and a 58.4% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and SiteOne Landscape Supply. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trex Company with a $48.17 average price target.

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Airbus Group SE (EADSF)

Kerner has an average return of 18.1% when recommending Airbus Group SE. ;'>

According to TipRanks.com, Kerner is ranked #739 out of 12245 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Airbus Group SE with a $243.72 average price target, a 10.3% upside from current levels. In a report issued on April 28, RBC Capital also maintained a Buy rating on the stock with a EUR200.00 price target.

Veralto Corporation (VLTO)

In a report released today, William Grippin from Barclays maintained a Buy rating on Veralto Corporation, with a price target of $113.00. The company’s shares closed last Friday at $86.84, close to its 52-week low of $85.91.

According to TipRanks.com, Grippin is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.8% and a 19.6% success rate. Grippin covers the Industrial Goods sector, focusing on stocks such as Montrose Environmental Group, Watts Water Technologies, and GFL Environmental. ;'>

Currently, the analyst consensus on Veralto Corporation is a Moderate Buy with an average price target of $105.20, representing a 18.4% upside. In a report issued on April 29, TipRanks – Google also upgraded the stock to Buy with a $95.00 price target.

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