Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Magna International (MGA – Research Report), NOV (NOV – Research Report) and TFI International (TFII – Research Report).
Magna International (MGA)
RBC Capital analyst Joseph Spak maintained a Buy rating on Magna International on April 29 and set a price target of $79.00. The company’s shares closed last Friday at $60.27, close to its 52-week low of $54.60.
According to TipRanks.com, Spak ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Magna International with a $77.47 average price target, which is a 26.3% upside from current levels. In a report issued on April 22, J.P. Morgan also maintained a Buy rating on the stock with a $92.00 price target.
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NOV (NOV)
RBC Capital analyst Keith Mackey maintained a Hold rating on NOV on April 29 and set a price target of $23.00. The company’s shares closed last Friday at $18.13.
According to TipRanks.com, Mackey is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for NOV with a $19.96 average price target.
TFI International (TFII)
RBC Capital analyst Walter Spracklin maintained a Buy rating on TFI International on April 29 and set a price target of $100.00. The company’s shares closed last Friday at $80.48, close to its 52-week low of $78.37.
According to TipRanks.com, Spracklin is a 5-star analyst with an average return of
Currently, the analyst consensus on TFI International is a Strong Buy with an average price target of $115.47, a 31.6% upside from current levels. In a report issued on April 14, TD Securities also maintained a Buy rating on the stock with a C$125.00 price target.
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