Analysts Offer Insights on Industrial Goods Companies: Carrier Global (CARR), Lincoln Electric Holdings (LECO) and Masco (MAS) | Markets Insider
There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Carrier Global (CARR – Research Report), Lincoln Electric Holdings (LECO – Research Report) and Masco (MAS – Research Report) with bullish sentiments.
Carrier Global (CARR)
In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Carrier Global, with a price target of $87.00. The company’s shares closed last Tuesday at $65.16.
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.
Currently, the analyst consensus on Carrier Global is a Moderate Buy with an average price target of $84.90.
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Lincoln Electric Holdings (LECO)
In a report released today, Adam Seiden from Barclays maintained a Buy rating on Lincoln Electric Holdings, with a price target of $220.00. The company’s shares closed last Tuesday at $193.50.
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 Manitowoc Company, Aecom Technology, and Jacobs Solutions.
The word on The Street in general, suggests a Hold analyst consensus rating for Lincoln Electric Holdings with a $208.75 average price target.
Masco (MAS)
In a report released today, Matthew Bouley from Barclays maintained a Buy rating on Masco, with a price target of $87.00. The company’s shares closed last Tuesday at $78.65.
According to TipRanks.com, Bouley is a top 100 analyst with an average return of 19.1% and a 63.3% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and Builders Firstsource.
Currently, the analyst consensus on Masco is a Hold with an average price target of $81.89.
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