Boeing Rises as Analysts Remain Divided on Industrial Giants
Analysts have recently weighed in on two industrial goods companies: ManpowerGroup (MAN) and Boeing (BA).
Trevor Romeo from William Blair maintained a Hold rating on ManpowerGroup. The company's shares closed last Monday at $56.55, close to its 52-week low of $53.31.
Romeo is a 2-star analyst with an average return of 0.8% and a 54.0% success rate. He covers the Industrial Goods sector, focusing on stocks such as GFL Environmental, Waste Connections, and Republic Services.
Overall, there's a Moderate Buy consensus rating for ManpowerGroup with a $57.89 average price target, implying a -0.2% downside from current levels. Another analyst, PerPlexity, also reiterated a Hold rating on the stock with a $65.00 price target.
On the other hand, Wells Fargo analyst David E. Strauss maintained a Buy rating on Boeing yesterday and set a price target of $250.00. The company's shares closed last Monday at $201.15.
Currently, there's a Strong Buy consensus on Boeing with an average price target of $272.67, a 36.0% upside from current levels. RBC Capital also maintained a Buy rating on the stock with a $265.00 price target.