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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Canadian Pacific (CP), Flowserve (FLS) and Masco (MAS)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Canadian Pacific (CPResearch Report), Flowserve (FLSResearch Report) and Masco (MASResearch Report).

Canadian Pacific (CP)

RBC Capital analyst Walter Spracklin maintained a Buy rating on Canadian Pacific on July 28 and set a price target of C$115.00. The company’s shares closed last Friday at $78.87.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 16.4% and a 62.0% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Andlauer Healthcare Group, Canadian National Railway, and Norfolk Southern.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Pacific with a $81.53 average price target, a 5.0% upside from current levels. In a report issued on July 15, Wells Fargo also maintained a Buy rating on the stock with a $83.00 price target.

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Flowserve (FLS)

In a report issued on July 28, Deane Dray from RBC Capital maintained a Hold rating on Flowserve, with a price target of $33.00. The company’s shares closed last Friday at $33.84.

According to TipRanks.com, Dray is a 5-star analyst with an average return of 9.3% and a 50.9% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Evoqua Water Technologies, and Emerson Electric Company.

Currently, the analyst consensus on Flowserve is a Moderate Buy with an average price target of $35.86, which is a 9.6% upside from current levels. In a report issued on July 14, Robert W. Baird also maintained a Hold rating on the stock with a $34.00 price target.

Masco (MAS)

RBC Capital analyst Michael Dahl maintained a Buy rating on Masco on July 28 and set a price target of $57.00. The company’s shares closed last Friday at $55.38.

According to TipRanks.com, Dahl is a 4-star analyst with an average return of 6.5% and a 54.5% success rate. Dahl covers the Consumer Goods sector, focusing on stocks such as Builders Firstsource, Skyline Champion, and Taylor Morrison.

Masco has an analyst consensus of Moderate Buy, with a price target consensus of $60.33, which is an 8.7% upside from current levels. In a report issued on July 14, Barclays also maintained a Buy rating on the stock with a $66.00 price target.

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