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Analysts Offer Insights on Industrial Goods Companies: Newell Brands (NWL) and Commercial Vehicle Group (CVGI)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Newell Brands (NWLResearch Report) and Commercial Vehicle Group (CVGIResearch Report) with bullish sentiments.

Newell Brands (NWL)

Jefferies analyst Kevin Grundy maintained a Buy rating on Newell Brands yesterday and set a price target of $38.00. The company’s shares closed last Thursday at $22.59.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 4.5% and a 63.4% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Duckhorn Portfolio, and Procter & Gamble.

Newell Brands has an analyst consensus of Moderate Buy, with a price target consensus of $28.33.

See Insiders’ Hot Stocks on TipRanks >>

Commercial Vehicle Group (CVGI)

In a report released today, Christopher Howe from Barrington reiterated a Buy rating on Commercial Vehicle Group, with a price target of $14.00. The company’s shares closed last Thursday at $7.32, close to its 52-week low of $6.64.

According to TipRanks.com, Howe is a 4-star analyst with an average return of 12.1% and a 42.5% success rate. Howe covers the Industrial Goods sector, focusing on stocks such as Standex International, Helios Technologies, and Columbus Mckinnon.

Currently, the analyst consensus on Commercial Vehicle Group is a Moderate Buy with an average price target of $15.00.

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