Analysts Diverge on Industrial Goods Stocks: ALLE, KRMN and ROAD

Analysts have been weighing in on three industrial goods companies - Allegion (ALLE), Karman Holdings Inc. (KRMN) and Construction Partners (ROAD). Christopher Snyder from Morgan Stanley has maintained a Hold rating on Allegion, with a price target of $160.00.

This is the same rating he's held for several months, with his most recent report released today. Snyder is a 5-star analyst with an average return of 13.4% and a 59.9% success rate, covering stocks such as Forgent Power Solutions, Inc. Class A, Honeywell International, and Stanley Black & Decker.

The general consensus on Allegion from analysts is Moderate Buy, with a $166.57 average price target, which represents a -0.2% downside from current levels. J.P. Morgan also maintains a Hold rating on the stock with a $170.00 price target.

On the other hand, Alexandra Mandery from Truist Financial has maintained a Buy rating on Karman Holdings Inc., with shares closing last Friday at $58.23. The analyst consensus for this company is Strong Buy, with a price target of $82.00, indicating a 46.2% upside from current levels.

Lastly, Keith Hughes from Truist Financial has maintained a Hold rating on Construction Partners, with shares closing last Friday at $119.74. The analyst consensus for this company is Strong Buy, with a price target of $152.00, representing a 37.9% upside from current levels.