There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Cintas (CTAS – Research Report), XPO (XPO – Research Report) and UMS Holdings (UMSSF – Research Report) with bullish sentiments.
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Cintas (CTAS)
William Blair analyst Tim Mulrooney maintained a Buy rating on Cintas today. The company’s shares closed last Tuesday at $204.56.
According to TipRanks.com, Mulrooney is a 4-star analyst with an average return of 9.0% and a 50.0% success rate. Mulrooney covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Montrose Environmental Group, and Icf International.
The word on The Street in general, suggests a Hold analyst consensus rating for Cintas with a $202.63 average price target, representing a -2.7% downside. In a report issued on February 20, Barclays also maintained a Buy rating on the stock with a $245.00 price target.
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XPO (XPO)
In a report released yesterday, Christian Wetherbee from Wells Fargo maintained a Buy rating on XPO, with a price target of $170.00. The company’s shares closed last Tuesday at $116.80.
According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 11.7% and a 57.8% success rate. Wetherbee covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Knight Transportation.
Currently, the analyst consensus on XPO is a Strong Buy with an average price target of $159.44, which is a 36.3% upside from current levels. In a report issued on February 24, Stifel Nicolaus also upgraded the stock to Buy with a $147.00 price target.
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