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Analysts Are Bullish on These Industrial Goods Stocks: Valmont (VMI), Electro Optic Systems Holdings Limited (EOPSF)

Tipranks - Mon Jun 22, 9:54PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Valmont (VMI) and Electro Optic Systems Holdings Limited (EOPSF) with bullish sentiments.

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Valmont (VMI)

In a report released yesterday, Nathan Jones from Stifel Nicolaus maintained a Buy rating on Valmont, with a price target of $645.00. The company’s shares closed last Thursday at $570.31.

According to TipRanks.com, Jones is a 5-star analyst with an average return of 18.6% and a 68.5% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Lincoln Electric Holdings, and Watts Water Technologies. ;'>

Currently, the analyst consensus on Valmont is a Strong Buy with an average price target of $615.00, implying a 7.1% upside from current levels. In a report issued on June 17, J.P. Morgan also maintained a Buy rating on the stock with a $600.00 price target.

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Electro Optic Systems Holdings Limited (EOPSF)

In a report released today, John Lawlor, CFA from Ord Minnett maintained a Buy rating on Electro Optic Systems Holdings Limited, with a price target of A$11.45. The company’s shares closed last Thursday at $7.24.

CFA has an average return of 180.3% when recommending Electro Optic Systems Holdings Limited. ;'>

According to TipRanks.com, CFA is ranked #803 out of 12315 analysts.

Currently, the analyst consensus on Electro Optic Systems Holdings Limited is a Strong Buy with an average price target of $8.43, a 19.7% upside from current levels. In a report issued on June 16, Canaccord Genuity also maintained a Buy rating on the stock with a A$14.00 price target.

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