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Analysts Are Bullish on Top Industrial Goods Stocks: Bombardier (BDRBF), Vertiv Holdings (VRT)

Tipranks - Tipranks - Thu Jul 30, 1:42PM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Bombardier (BDRBF) and Vertiv Holdings (VRT) with bullish sentiments.

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Bombardier (BDRBF)

Stifel Nicolaus analyst Daryl Young maintained a Buy rating on Bombardier today and set a price target of C$390.00. The company’s shares closed last Wednesday at $258.69.

According to TipRanks.com, Young is a 4-star analyst with an average return of 9.3% and a 59.7% success rate. Young covers the Industrial Goods sector, focusing on stocks such as Air Canada, Cargojet, and CAE. ;'>

Bombardier has an analyst consensus of Moderate Buy, with a price target consensus of $245.22, implying a -1.3% downside from current levels. In a report issued on July 14, TipRanks – Google also upgraded the stock to Buy with a C$362.00 price target.

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Vertiv Holdings (VRT)

Bank of America Securities analyst Andrew Obin reiterated a Buy rating on Vertiv Holdings today and set a price target of $440.00. The company’s shares closed last Wednesday at $223.72.

According to TipRanks.com, Obin is a 5-star analyst with an average return of 18.6% and a 68.1% success rate. Obin covers the Industrial Goods sector, focusing on stocks such as Forgent Power Solutions, Inc. Class A, Madison Air Solutions Corp. Class A, and Applied Industrial Technologies. ;'>

Vertiv Holdings has an analyst consensus of Strong Buy, with a price target consensus of $387.71, a 57.6% upside from current levels. In a report issued on July 15, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $370.00 price target.

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