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Analysts Offer Insights on Industrial Goods Companies: Graco (GGG), Hexcel (HXL) and Westinghouse Air Brake Technologies (WAB)

Tipranks - Tipranks - Fri Apr 24, 9:46AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Graco (GGG), Hexcel (HXL) and Westinghouse Air Brake Technologies (WAB).

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Graco (GGG)

In a report released yesterday, Brad Hewitt from Wolfe Research maintained a Buy rating on Graco, with a price target of $103.00. The company’s shares closed last Thursday at $81.64.

According to TipRanks.com, Hewitt is a 2-star analyst with an average return of 2.0% and a 58.3% success rate. Hewitt covers the Industrial Goods sector, focusing on stocks such as Republic Services, Waste Connections, and GFL Environmental. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Graco with a $94.80 average price target, a 15.1% upside from current levels. In a report issued on April 7, RBC Capital also maintained a Buy rating on the stock with a $98.00 price target.

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Hexcel (HXL)

In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Hold rating on Hexcel, with a price target of $79.00. The company’s shares closed last Thursday at $97.10.

According to TipRanks.com, Poponak is a 4-star analyst with an average return of 7.1% and a 52.6% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as BETA Technologies, Inc. Class A, York Space Systems, Inc., and Firefly Aerospace, Inc. ;'>

Hexcel has an analyst consensus of Moderate Buy, with a price target consensus of $89.30, representing a -1.8% downside. In a report issued on April 13, Jefferies also maintained a Hold rating on the stock with a $80.00 price target.

Westinghouse Air Brake Technologies (WAB)

Wolfe Research analyst Scott Group reiterated a Buy rating on Westinghouse Air Brake Technologies yesterday and set a price target of $303.00. The company’s shares closed last Thursday at $266.76.

According to TipRanks.com, Group is a 4-star analyst with an average return of 8.9% and a 59.8% success rate. Group covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Schneider National. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Westinghouse Air Brake Technologies with a $289.36 average price target, implying a 10.0% upside from current levels. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Buy with a $286.00 price target.

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