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Analysts Offer Insights on Industrial Goods Companies: Gentex (GNTX), Plains All American (PAA) and Simpson Manufacturing Co (SSD)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Gentex (GNTXResearch Report), Plains All American (PAAResearch Report) and Simpson Manufacturing Co (SSDResearch Report) with bullish sentiments.

Gentex (GNTX)

Robert W. Baird analyst Luke Junk maintained a Buy rating on Gentex on July 22 and set a price target of $33.00. The company’s shares closed last Tuesday at $27.41, close to its 52-week low of $26.16.

According to TipRanks.com, Junk is a 1-star analyst with an average return of -5.7% and a 33.0% success rate. Junk covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Littelfuse, and BorgWarner.

Gentex has an analyst consensus of Moderate Buy, with a price target consensus of $31.20, representing a 14.8% upside. In a report issued on July 25, B.Riley Financial also maintained a Buy rating on the stock with a $35.00 price target.

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Plains All American (PAA)

Mizuho Securities analyst Gabe Moreen maintained a Buy rating on Plains All American on July 22 and set a price target of $14.00. The company’s shares closed last Tuesday at $10.76.

According to TipRanks.com, Moreen is a 4-star analyst with an average return of 4.4% and a 68.4% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Magellan Midstream.

Plains All American has an analyst consensus of Moderate Buy, with a price target consensus of $13.75, representing a 26.0% upside. In a report issued on July 8, UBS also maintained a Buy rating on the stock with a $17.00 price target.

Simpson Manufacturing Co (SSD)

Robert W. Baird analyst Timothy Wojs maintained a Buy rating on Simpson Manufacturing Co on July 25 and set a price target of $125.00. The company’s shares closed last Tuesday at $104.36.

According to TipRanks.com, Wojs is a 1-star analyst with an average return of -0.6% and a 50.7% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies, Trane Technologies, and Douglas Dynamics.

Currently, the analyst consensus on Simpson Manufacturing Co is a Moderate Buy with an average price target of $125.00.

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