Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Wesco International (WCC), Gates Industrial (GTES) and Fortune Brands Innovations (FBIN)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Wesco International (WCC – Research Report), Gates Industrial (GTES – Research Report) and Fortune Brands Innovations (FBIN – Research Report).
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Wesco International (WCC)
Barclays analyst Guy Hardwick maintained a Buy rating on Wesco International on February 20 and set a price target of $313.00. The company’s shares closed last Friday at $296.99.
According to TipRanks.com, Hardwick is a 3-star analyst with an average return of
Wesco International has an analyst consensus of Strong Buy, with a price target consensus of $307.63, representing a 3.0% upside. In a report issued on February 11, TipRanks – xAI also upgraded the stock to Buy with a $332.00 price target.
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Gates Industrial (GTES)
In a report issued on February 20, Julian Mitchell from Barclays maintained a Buy rating on Gates Industrial, with a price target of $32.00. The company’s shares closed last Friday at $27.60.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gates Industrial with a $31.86 average price target, a 15.2% upside from current levels. In a report issued on February 14, TipRanks – Google also upgraded the stock to Buy with a $31.00 price target.
Fortune Brands Innovations (FBIN)
In a report issued on February 20, Matthew Bouley from Barclays maintained a Hold rating on Fortune Brands Innovations, with a price target of $55.00. The company’s shares closed last Friday at $54.32.
According to TipRanks.com, Bouley is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fortune Brands Innovations with a $61.50 average price target, representing a 14.0% upside. In a report issued on February 13, Wolfe Research also downgraded the stock to Hold.
