Analysts Split on ABM Industries, Boeing and CH Robinson
Analysts have been weighing in on industrial goods stocks, particularly ABM Industries (ABM), Boeing (BA), and CH Robinson (CHRW).
William Blair analyst Tim Mulrooney maintained a Hold rating on ABM Industries. The company's shares closed last Tuesday at $50.60.
According to TipRanks.com, Mulrooney is a 4-star analyst with an average return of 5.5% and a 51.7% success rate.
The current analyst consensus on ABM Industries is a Moderate Buy with an average price target of $54.00, representing a 17.9% upside.
In contrast, TipRanks, xAI downgraded the stock to Hold with a $51.00 price target.
On the other hand, Boeing (BA) received positive ratings from analysts. David E. Strauss from Wells Fargo maintained a Buy rating on Boeing, with a price target of $250.00.
The company's shares closed last Tuesday at $210.73.
According to TipRanks.com, Strauss is a 5-star analyst with an average return of 11.6% and a 64.1% success rate.
The word on The Street in general suggests a Strong Buy analyst consensus rating for Boeing with a $274.67 average price target, implying a 29.5% upside from current levels.
CH Robinson (CHRW) also received positive ratings, with Christian Wetherbee from Wells Fargo maintaining a Buy rating on the company, with a price target of $215.00.
The company's shares closed last Tuesday at $150.10.
According to TipRanks.com, Wetherbee is a 5-star analyst with an average return of 13.5% and a 60.1% success rate.