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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Stoneridge (SRI), VirTra (VTSI) and Beam Global (BEEM)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Stoneridge (SRIResearch Report), VirTra (VTSIResearch Report) and Beam Global (BEEMResearch Report).

Stoneridge (SRI)

In a report released today, Gary Prestopino from Barrington maintained a Hold rating on Stoneridge, with a price target of $25.00. The company’s shares closed last Wednesday at $19.79.

According to TipRanks.com, Prestopino is a top 100 analyst with an average return of 38.1% and a 60.4% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, PowerFleet, and AutoWeb.

The word on The Street in general, suggests a Hold analyst consensus rating for Stoneridge with a $25.00 average price target.

See the top stocks recommended by analysts >>

VirTra (VTSI)

In a report released yesterday, Allen Klee from Maxim Group reiterated a Buy rating on VirTra, with a price target of $12.00. The company’s shares closed last Wednesday at $5.08, close to its 52-week low of $4.41.

According to TipRanks.com, Klee is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -24.1% and a 19.9% success rate. Klee covers the Technology sector, focusing on stocks such as CareCloud, Inc., Iveda Solutions, and Mitek Systems.

Currently, the analyst consensus on VirTra is a Moderate Buy with an average price target of $12.00.

Beam Global (BEEM)

In a report released yesterday, Tate Sullivan from Maxim Group reiterated a Buy rating on Beam Global, with a price target of $50.00. The company’s shares closed last Wednesday at $16.18.

According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 15.1% and a 42.5% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Natural Gas Services Group, Seanergy Maritime, and Globus Maritime.

Currently, the analyst consensus on Beam Global is a Strong Buy with an average price target of $32.67.

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