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Analysts Offer Insights on Industrial Goods Companies: Seanergy Maritime (SHIP) and SkyWater Technology (SKYT)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Seanergy Maritime (SHIPResearch Report) and SkyWater Technology (SKYTResearch Report) with bullish sentiments.

Seanergy Maritime (SHIP)

In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Seanergy Maritime, with a price target of $2.25. The company’s shares closed last Thursday at $0.77, close to its 52-week low of $0.65.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 15.1% and a 42.1% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Globus Maritime, and NV5 Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Seanergy Maritime with a $1.92 average price target.

See the top stocks recommended by analysts >>

SkyWater Technology (SKYT)

In a report released today, Rajvindra Gill from Needham maintained a Buy rating on SkyWater Technology, with a price target of $15.00. The company’s shares closed last Thursday at $13.16.

According to TipRanks.com, Gill is a 5-star analyst with an average return of 14.0% and a 60.0% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies, and Smart Global Holdings.

Currently, the analyst consensus on SkyWater Technology is a Strong Buy with an average price target of $11.25.

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