Industrial Goods Stocks Face Analyst Scrutiny: Consensus Ratings Released
Analysts have weighed in on several industrial goods companies, offering their insights and predictions for Expeditors International (EXPD), Caterpillar (CAT), and Leonardo Drs (DRS).
The analyst consensus for EXPD is a Hold rating, with an average price target of $177.00, implying a 4.1% upside from current levels. Goldman Sachs analyst Jordan Alliger maintained a Sell rating on the company, setting a price target of $171.00, while Barclays also maintained a Sell rating with a $160.00 price target.
In contrast, Caterpillar (CAT) has a Moderate Buy consensus rating, with an average price target of $1014.86, representing a 10.1% upside from current levels. Morgan Stanley's Angel Castillo maintained a Hold rating on the company, setting a price target of $915.00.
Leonardo Drs (DRS) has a Moderate Buy consensus rating as well, with an average price target of $52.67, representing a 15.0% upside from current levels. J.P. Morgan analyst Seth Seifman maintained a Hold rating on the company, setting a price target of $53.00.