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Analysts’ Top Industrial Goods Picks: Owens Corning (OC), Boeing (BA)

Analysts fell to the sidelines weighing in on Owens Corning (OCResearch Report) and Boeing (BAResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Owens Corning (OC)

Wells Fargo analyst Sam Reid maintained a Hold rating on Owens Corning yesterday and set a price target of $165.00. The company’s shares closed last Wednesday at $165.22, close to its 52-week high of $173.65.

According to TipRanks.com, Reid is a 3-star analyst with an average return of 6.1% and a 57.1% success rate. Reid covers the NA sector, focusing on stocks such as Toll Brothers, PulteGroup, and DR Horton.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Owens Corning with a $168.10 average price target, representing a 2.5% upside. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $172.00 price target.

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Boeing (BA)

Wells Fargo analyst Matthew Akers maintained a Hold rating on Boeing yesterday and set a price target of $215.00. The company’s shares closed last Wednesday at $164.33, close to its 52-week low of $162.74.

According to TipRanks.com, Akers is a 5-star analyst with an average return of 21.7% and a 83.5% success rate. Akers covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, L3Harris Technologies, and Raytheon Technologies.

Boeing has an analyst consensus of Moderate Buy, with a price target consensus of $229.46, implying a 30.0% upside from current levels. In a report issued on April 15, Barclays also maintained a Hold rating on the stock with a $235.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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Analysts Are Bullish on Top Industrial Goods Stocks: Canadian Pacific Kansas City (CP), Boeing (BA)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Canadian Pacific Kansas City (CPResearch Report) and Boeing (BAResearch Report) with bullish sentiments.

Canadian Pacific Kansas City (CP)

In a report released today, Jordan Alliger from Goldman Sachs maintained a Buy rating on Canadian Pacific Kansas City. The company’s shares closed last Wednesday at $81.93.

According to TipRanks.com, Alliger is a 4-star analyst with an average return of 9.7% and a 56.0% success rate. Alliger covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Expeditors International, and Knight Transportation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Pacific Kansas City with a $91.19 average price target, a 4.8% upside from current levels. In a report issued on April 9, Bank of America Securities also maintained a Buy rating on the stock with a $97.00 price target.

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Boeing (BA)

Goldman Sachs analyst Noah Poponak maintained a Buy rating on Boeing today. The company’s shares closed last Wednesday at $164.33.

According to TipRanks.com, Poponak is a 2-star analyst with an average return of 0.2% and a 44.7% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, L3Harris Technologies, and Huntington Ingalls.

Currently, the analyst consensus on Boeing is a Moderate Buy with an average price target of $229.46, which is a 30.0% upside from current levels. In a report issued on April 9, UBS also maintained a Buy rating on the stock with a $250.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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