Industrial Goods Sector Sees Analysts Boosting Boeing, ESAB, and Airbus Stock Prices
Analysts are optimistic about several Industrial Goods sector companies, including Boeing (BA), ESAB Corporation (ESAB), and Airbus Group SE (EADSF). Robert Czerwensky from DZ BANK AG maintained a Buy rating on Boeing, with an average return of 2.1% when recommending the company. The analyst consensus suggests a Strong Buy rating for Boeing, with an average price target of $275.36, representing a 17.6% upside from current levels.
Chris Dankert, a 5-star analyst at D.A. Davidson, reiterated a Buy rating on ESAB Corporation and set a price target of $130.00. The company's shares closed last Friday at $93.95, close to its 52-week low of $88.54. The current analyst consensus is a Strong Buy with an average price target of $137.00, implying a 45.7% upside from current levels.
Kenneth Herbert from RBC Capital maintained a Buy rating on Airbus Group SE, with a price target of EUR250.00. The company's shares closed last Friday at $246.80. According to TipRanks.com, Herbert is a top 25 analyst with an average return of 28.0% and a 74.2% success rate.