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Analysts’ Top Industrial Goods Picks: Applied Tech (AIT), Great Lakes Dredge & Dock (GLDD)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Applied Tech (AITResearch Report) and Great Lakes Dredge & Dock (GLDDResearch Report) with bullish sentiments.

Applied Tech (AIT)

KeyBanc analyst Kenneth Newman maintained a Buy rating on Applied Tech today and set a price target of $130.00. The company’s shares closed last Tuesday at $98.60.

According to TipRanks.com, Newman is a 1-star analyst with an average return of -4.0% and a 21.1% success rate. Newman covers the Industrial Goods sector, focusing on stocks such as Wesco International, Federal Signal, and Terex.

Applied Tech has an analyst consensus of Moderate Buy, with a price target consensus of $129.50.

See today’s best-performing stocks on TipRanks >>

Great Lakes Dredge & Dock (GLDD)

Noble Financial analyst Joe Gomes maintained a Buy rating on Great Lakes Dredge & Dock on September 26 and set a price target of $17.05. The company’s shares closed last Tuesday at $8.06, close to its 52-week low of $7.98.

According to TipRanks.com, Gomes is a 3-star analyst with an average return of 1.1% and a 35.1% success rate. Gomes covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Voyager Digital (Canada), and One Stop Systems.

Great Lakes Dredge & Dock has an analyst consensus of Moderate Buy, with a price target consensus of $17.05.

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