Analysts Offer Insights on Industrial Goods Companies: APi Group (APG), Transdigm Group (TDG) and Deere (DE)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on APi Group (APG – Research Report), Transdigm Group (TDG – Research Report) and Deere (DE – Research Report).
APi Group (APG)
Barclays analyst Julian Mitchell maintained a Buy rating on APi Group today and set a price target of $44.00. The company’s shares closed last Wednesday at $40.37, close to its 52-week high of $40.89.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 11.9% and a 62.8% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker.
APi Group has an analyst consensus of Strong Buy, with a price target consensus of $44.43, a 18.7% upside from current levels. In a report issued on February 18, UBS also maintained a Buy rating on the stock with a $44.00 price target.
Transdigm Group (TDG)
Barclays analyst David E. Strauss maintained a Hold rating on Transdigm Group today and set a price target of $1500.00. The company’s shares closed last Wednesday at $1342.45.
According to TipRanks.com, Strauss is a 4-star analyst with an average return of 7.7% and a 58.3% success rate. Strauss covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Spirit AeroSystems, and Huntington Ingalls.
Currently, the analyst consensus on Transdigm Group is a Moderate Buy with an average price target of $1513.25, a 16.0% upside from current levels. In a report issued on February 5, UBS also maintained a Hold rating on the stock with a $1502.00 price target.
Deere (DE)
Barclays analyst Adam Seiden maintained a Buy rating on Deere today and set a price target of $475.00. The company’s shares closed last Wednesday at $509.27.
According to TipRanks.com, Seiden is a 5-star analyst with an average return of 12.5% and a 60.5% success rate. Seiden covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Manitowoc Company, and Jacobs Solutions.
Deere has an analyst consensus of Moderate Buy, with a price target consensus of $481.62, a -2.9% downside from current levels. In a report issued on February 13, Truist Financial also maintained a Buy rating on the stock.