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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Copart (CPRT) and Watts Water Technologies (WTS)

Tipranks - Wed Jul 1, 3:50AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Copart (CPRT) and Watts Water Technologies (WTS).

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Copart (CPRT)

Barclays analyst John Babcock maintained a Sell rating on Copart today and set a price target of $32.00. The company’s shares closed last Monday at $28.10.

According to TipRanks.com, Babcock is a 4-star analyst with an average return of 12.3% and a 52.5% success rate. Babcock covers the NA sector, focusing on stocks such as Penske Automotive Group, Group 1 Automotive, and Sonic Automotive. ;'>

Currently, the analyst consensus on Copart is a Hold with an average price target of $37.75.

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Watts Water Technologies (WTS)

In a report released today, William Grippin from Barclays upgraded Watts Water Technologies to Buy, with a price target of $414.00. The company’s shares closed last Monday at $358.93.

According to TipRanks.com, Grippin has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -16.4% and a 30.5% success rate. Grippin covers the Industrial Goods sector, focusing on stocks such as Veralto Corporation, Republic Services, and Waste Connections. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Watts Water Technologies with a $360.80 average price target, a 0.4% upside from current levels. In a report issued on June 16, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $393.00 price target.

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