Analysts Are Bullish on These Industrial Goods Stocks: UMS Holdings (UMSSF), Plug Power (PLUG)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on UMS Holdings (UMSSF – Research Report) and Plug Power (PLUG – Research Report) with bullish sentiments.

UMS Holdings (UMSSF)

According to TipRanks.com, Keng is a 3-star analyst with an average return of 1.9% and a 39.8% success rate. Keng covers the Technology sector, focusing on stocks such as Renesas Electronics, Applied Materials, and Tokyo Electron.

Currently, the analyst consensus on UMS Holdings is a Moderate Buy with an average price target of $0.97.

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Plug Power (PLUG)

In a report released yesterday, Jeff Osborne from TD Cowen maintained a Buy rating on Plug Power, with a price target of $3.00. The company’s shares closed last Monday at $0.90.

According to TipRanks.com, Osborne is a 1-star analyst with an average return of -0.9% and a 39.4% success rate. Osborne covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Landis+Gyr Group AG, and Generac Holdings.

Currently, the analyst consensus on Plug Power is a Hold with an average price target of $2.03, implying a 122.0% upside from current levels. In a report issued on April 28, Craig-Hallum also maintained a Buy rating on the stock.

Read More on UMSSF:

• UMS Holdings Sees Revenue Growth in Q1 2025 Amid Rising Costs
• UMS Integration Limited Announces AGM Transport Arrangements
• UMS Integration Limited Secures Approval for Secondary Listing on Bursa Malaysia
• UMS Integration Secures Approval for Bursa Malaysia Listing
• UMS Integration Reports Revenue and Profit Decline in 2024