Wall Street Analysts Are Bullish on Top Industrial Goods Picks
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Sumitomo (SSUMF – Research Report) and Union Pacific (UNP – Research Report) with bullish sentiments.
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Sumitomo (SSUMF)
In a report released today, Harunobu Goroh from UBS reiterated a Buy rating on Sumitomo, with a price target of Yen7080.00. The company’s shares closed last Wednesday at $38.20.
According to TipRanks.com, Goroh is ranked #5093 out of 12040 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sumitomo with a $37.80 average price target, representing a 2.8% upside. In a report issued on January 16, TipRanks – OpenAI also reiterated a Buy rating on the stock with a Yen6944.00 price target.
See the top stocks recommended by analysts >>
Union Pacific (UNP)
Bank of America Securities analyst Ken Hoexter reiterated a Buy rating on Union Pacific today and set a price target of $266.00. The company’s shares closed last Friday at $229.49.
According to TipRanks.com, Hoexter is a 2-star analyst with an average return of
Currently, the analyst consensus on Union Pacific is a Moderate Buy with an average price target of $264.93, a 15.2% upside from current levels. In a report issued on January 6, Wells Fargo also maintained a Buy rating on the stock with a $260.00 price target.
