tiprankstipranks
Blurbs

Analysts Conflicted on These Industrial Goods Names: WW Grainger (GWW), Lincoln Electric Holdings (LECO) and Helmerich & Payne (HP)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on WW Grainger (GWWResearch Report), Lincoln Electric Holdings (LECOResearch Report) and Helmerich & Payne (HPResearch Report).

WW Grainger (GWW)

In a report released today, Joshua Pokrzywinski from Morgan Stanley maintained a Sell rating on WW Grainger, with a price target of $448.00. The company’s shares closed last Monday at $551.54.

According to TipRanks.com, Pokrzywinski is a 4-star analyst with an average return of 5.6% and a 51.9% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Emerson Electric Company, and Honeywell International.

Currently, the analyst consensus on WW Grainger is a Moderate Buy with an average price target of $551.17, representing a 1.9% upside. In a report released today, RBC Capital also maintained a Sell rating on the stock with a $422.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Lincoln Electric Holdings (LECO)

In a report released today, Dillon Cumming from Morgan Stanley maintained a Hold rating on Lincoln Electric Holdings, with a price target of $136.00. The company’s shares closed last Monday at $141.50.

According to TipRanks.com, Cumming is a 2-star analyst with an average return of 0.1% and a 47.4% success rate. Cumming covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Allison Transmission Holdings, and CNH Industrial.

Currently, the analyst consensus on Lincoln Electric Holdings is a Moderate Buy with an average price target of $145.75, representing a 3.9% upside. In a report issued on July 18, Stifel Nicolaus also maintained a Hold rating on the stock with a $122.00 price target.

Helmerich & Payne (HP)

In a report released today, Connor Lynagh from Morgan Stanley maintained a Sell rating on Helmerich & Payne, with a price target of $48.00. The company’s shares closed last Monday at $45.36.

According to TipRanks.com, Lynagh is a 1-star analyst with an average return of -1.0% and a 54.6% success rate. Lynagh covers the Industrial Goods sector, focusing on stocks such as ProFrac Holding Corp Class A, Nextier Oilfield Solutions, and Liberty Oilfield Services.

Helmerich & Payne has an analyst consensus of Moderate Buy, with a price target consensus of $54.67.

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.

Read More on GWW:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More