Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Spirit AeroSystems (SPR – Research Report) and Emerson Electric Company (EMR – Research Report).
Spirit AeroSystems (SPR)
In a report released today, Ronald Epstein from Bank of America Securities maintained a Sell rating on Spirit AeroSystems, with a price target of $21.00. The company’s shares closed last Thursday at $23.94.
According to TipRanks.com, Epstein is a 4-star analyst with an average return of 4.8% and a 58.4% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, Teledyne Technologies, and Albany International.
Spirit AeroSystems has an analyst consensus of Moderate Buy, with a price target consensus of $29.25.
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Emerson Electric Company (EMR)
Mizuho Securities analyst Brett Linzey maintained a Hold rating on Emerson Electric Company on November 7 and set a price target of $95.00. The company’s shares closed last Thursday at $85.20.
According to TipRanks.com, Linzey is a 4-star analyst with an average return of 4.9% and a 54.2% success rate. Linzey covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Stanley Black & Decker, and Lennox International.
Currently, the analyst consensus on Emerson Electric Company is a Moderate Buy with an average price target of $108.35, which is a 26.7% upside from current levels. In a report issued on November 7, Robert W. Baird also maintained a Hold rating on the stock with a $88.00 price target.
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