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Analysts Offer Insights on Industrial Goods Companies: Golar LNG (GLNG) and Hub Group (HUBG)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Golar LNG (GLNGResearch Report) and Hub Group (HUBGResearch Report) with bullish sentiments.

Golar LNG (GLNG)

In a report released yesterday, Benjamin Nolan from Stifel Nicolaus maintained a Buy rating on Golar LNG, with a price target of $35.00. The company’s shares closed last Thursday at $29.94.

According to TipRanks.com, Nolan is a 5-star analyst with an average return of 20.0% and a 64.6% success rate. Nolan covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Cheniere Energy Partners, and International Seaways.

Currently, the analyst consensus on Golar LNG is a Strong Buy with an average price target of $31.90, representing a 6.4% upside. In a report issued on August 11, Evercore ISI also maintained a Buy rating on the stock with a $38.00 price target.

See the top stocks recommended by analysts >>

Hub Group (HUBG)

In a report released yesterday, J. Bruce Chan from Stifel Nicolaus maintained a Buy rating on Hub Group, with a price target of $115.00. The company’s shares closed last Thursday at $86.77, close to its 52-week high of $89.62.

According to TipRanks.com, Chan is a 3-star analyst with an average return of 5.2% and a 59.7% success rate. Chan covers the Industrial Goods sector, focusing on stocks such as Old Dominion Freight, Universal Logistics, and TFI International.

Currently, the analyst consensus on Hub Group is a Moderate Buy with an average price target of $96.92, representing a 12.8% upside. In a report issued on August 10, Susquehanna also maintained a Buy rating on the stock with a $117.00 price target.

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