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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Honeywell International (HON), Emcor Group (EME) and ArcBest (ARCB)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Honeywell International (HONResearch Report), Emcor Group (EMEResearch Report) and ArcBest (ARCBResearch Report).

Honeywell International (HON)

In a report released today, Joe O’Dea from Wells Fargo maintained a Hold rating on Honeywell International, with a price target of $183.00. The company’s shares closed last Friday at $192.46.

According to TipRanks.com, O’Dea is a 1-star analyst with an average return of -3.8% and a 41.7% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Lennox International, and Rockwell Automation.

Honeywell International has an analyst consensus of Moderate Buy, with a price target consensus of $203.58, representing a 6.9% upside. In a report issued on July 29, RBC Capital also maintained a Hold rating on the stock with a $193.00 price target.

See the top stocks recommended by analysts >>

Emcor Group (EME)

KeyBanc analyst Sean Eastman maintained a Buy rating on Emcor Group today and set a price target of $135.00. The company’s shares closed last Friday at $116.37.

Eastman has an average return of 0.9% when recommending Emcor Group.

According to TipRanks.com, Eastman is ranked #385 out of 7995 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Emcor Group with a $136.00 average price target.

ArcBest (ARCB)

Credit Suisse analyst Ariel Rosa maintained a Buy rating on ArcBest today and set a price target of $106.00. The company’s shares closed last Friday at $88.60.

According to TipRanks.com, Rosa is a 5-star analyst with an average return of 17.5% and a 73.2% success rate. Rosa covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Knight Transportation, and Old Dominion Freight.

Currently, the analyst consensus on ArcBest is a Strong Buy with an average price target of $129.00, a 53.3% upside from current levels. In a report released today, Cowen & Co. also reiterated a Buy rating on the stock with a $127.00 price target.

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