TipRanks

Notifications

Analysts’ Top Industrial Goods Picks: Ceco Environmental (CECO), Spire Global (SPIR)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Ceco Environmental (CECO) and Spire Global (SPIR) with bullish sentiments.

Ceco Environmental (CECO)

Craig-Hallum analyst Aaron Spychalla maintained a Buy rating on Ceco Environmental today. The company’s shares closed last Tuesday at $78.32.

According to TipRanks.com, Spychalla is a 5-star analyst with an average return of 24.8% and a 60.0% success rate. Spychalla covers the Industrial Goods sector, focusing on stocks such as Babcock & Wilcox Company, Bowman Consulting Group, and Thermon Group Holdings.

Ceco Environmental has an analyst consensus of Strong Buy, with a price target consensus of $87.00, representing an 11.5% upside. In a report issued on May 9, TipRanks – OpenAI also upgraded the stock to Buy with a $91.00 price target.

See the top stocks recommended by analysts >>

Spire Global (SPIR)

Craig-Hallum analyst Jeff Van Rhee maintained a Buy rating on Spire Global today. The company’s shares closed last Tuesday at $19.13, close to its 52-week high of $21.43.

According to TipRanks.com, Rhee is a 5-star analyst with an average return of 26.2% and a 50.4% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, Frequency Electronics, and Alkami Technology.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Spire Global with a $19.63 average price target, a 2.5% upside from current levels. In a report issued on May 14, Stifel Nicolaus also maintained a Buy rating on the stock with a $22.00 price target.

Read More on CECO:

Tags: ,