There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Verisk Analytics (VRSK – Research Report) and Austin Engineering Limited (AUSTF – Research Report) with bullish sentiments.
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Verisk Analytics (VRSK)
In a report issued on April 9, Jeffrey Meuler from Robert W. Baird maintained a Buy rating on Verisk Analytics, with a price target of $320.00. The company’s shares closed last Friday at $291.88, close to its 52-week high of $306.10.
Meuler has an average return of 16.8% when recommending Verisk Analytics.
According to TipRanks.com, Meuler is ranked #1396 out of 9415 analysts.
Verisk Analytics has an analyst consensus of Moderate Buy, with a price target consensus of $312.75, representing a 9.7% upside. In a report issued on April 4, RBC Capital also maintained a Buy rating on the stock with a $314.00 price target.
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Austin Engineering Limited (AUSTF)
Petra Capital analyst James Lennon maintained a Buy rating on Austin Engineering Limited on April 10 and set a price target of A$0.58. The company’s shares closed last Thursday at $0.25, equals to its 52-week low of $0.25.
Lennon has an average return of 14.5% when recommending Austin Engineering Limited.
According to TipRanks.com, Lennon is ranked #1844 out of 9415 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Austin Engineering Limited with a $0.45 average price target, an 80.0% upside from current levels. In a report issued on March 30, Bell Potter also maintained a Buy rating on the stock with a A$0.85 price target.
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