There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on UMS Holdings (UMSSF – Research Report), Eaton (ETN – Research Report) and CompoSecure (CMPO – Research Report) with bullish sentiments.
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Eaton (ETN)
In a report released yesterday, Deane Dray from RBC Capital maintained a Buy rating on Eaton, with a price target of $376.00. The company’s shares closed last Wednesday at $287.73.
According to TipRanks.com, Dray is a 5-star analyst with an average return of 12.5% and a 61.1% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.
Currently, the analyst consensus on Eaton is a Moderate Buy with an average price target of $370.91, a 30.9% upside from current levels. In a report released yesterday, Bernstein also maintained a Buy rating on the stock with a $355.00 price target.
CompoSecure (CMPO)
Needham analyst John Todaro maintained a Buy rating on CompoSecure today and set a price target of $15.00. The company’s shares closed last Wednesday at $12.02.
According to TipRanks.com, Todaro is a 5-star analyst with an average return of 29.5% and a 52.4% success rate. Todaro covers the Financial sector, focusing on stocks such as Applied Digital Corporation, Marathon Digital Holdings, and Coinbase Global.
CompoSecure has an analyst consensus of Strong Buy, with a price target consensus of $17.00, a 38.2% upside from current levels. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $16.00 price target.
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