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Wall Street Analysts Are Bullish on Top Industrial Goods Picks

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on RELX plc (RLXXFResearch Report) and Global Payments (GPNResearch Report) with bullish sentiments.

RELX plc (RLXXF)

J.P. Morgan analyst Daniel Kerven maintained a Buy rating on RELX plc today and set a price target of £47.70. The company’s shares closed last Friday at $50.80, close to its 52-week high of $53.28.

Kerven has an average return of 22.2% when recommending RELX plc.

According to TipRanks.com, Kerven is ranked #776 out of 9389 analysts.

Currently, the analyst consensus on RELX plc is a Moderate Buy with an average price target of $55.84, a 9.1% upside from current levels. In a report issued on February 7, Bank of America Securities also maintained a Buy rating on the stock with a p4800.00 price target.

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Global Payments (GPN)

In a report issued on February 13, David Koning from Robert W. Baird maintained a Buy rating on Global Payments, with a price target of $145.00. The company’s shares closed last Friday at $105.63.

According to TipRanks.com, Koning is a 5-star analyst with an average return of 16.9% and a 60.2% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Bill.com Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Global Payments with a $131.94 average price target, representing a 25.3% upside. In a report issued on February 13, TD Cowen also maintained a Buy rating on the stock with a $133.00 price target.

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