Analysts Have Conflicting Sentiments on These Industrial Goods Companies: XPO (XPO), Vestis Corporation (VSTS) and Air Canada (OtherACDVF)

TipRanks
Feb. 8, 2024, 05:30 AM

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on XPO (XPOResearch Report), Vestis Corporation (VSTSResearch Report) and Air Canada (ACDVFResearch Report).

XPO (XPO)

TD Cowen analyst Jason Seidl maintained a Buy rating on XPO today and set a price target of $129.00. The company’s shares closed last Wednesday at $116.54, close to its 52-week high of $117.72.

According to TipRanks.com, Seidl is a top 25 analyst with an average return of 26.1% and a 72.3% success rate. Seidl covers the Industrial Goods sector, focusing on stocks such as Covenant Logistics Group, Knight Transportation, and Old Dominion Freight.

XPO has an analyst consensus of Strong Buy, with a price target consensus of $110.38, which is a 2.3% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $140.00 price target.

See the top stocks recommended by analysts >>

Vestis Corporation (VSTS)

Barclays analyst Manav Patnaik assigned a Hold rating to Vestis Corporation yesterday and set a price target of $17.00. The company’s shares closed last Wednesday at $19.42.

According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 12.5% and a 67.2% success rate. Patnaik covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, HireRight Holdings Corp, and Thomson Reuters.

Currently, the analyst consensus on Vestis Corporation is a Strong Buy with an average price target of $22.13, representing a 1.7% upside. In a report issued on January 25, Goldman Sachs also initiated coverage with a Hold rating on the stock with a $22.00 price target.

Air Canada (ACDVF)

In a report released today, Helane Becker from TD Cowen maintained a Buy rating on Air Canada, with a price target of C$30.00. The company’s shares closed last Wednesday at $13.83.

According to TipRanks.com, Becker is a 5-star analyst with an average return of 11.0% and a 62.3% success rate. Becker covers the Industrial Goods sector, focusing on stocks such as Controladora Vuela Compania de Aviacion SAB de CV, Sun Country Airlines Holdings, and United Airlines Holdings.

Air Canada has an analyst consensus of Strong Buy, with a price target consensus of $21.55, which is a 57.6% upside from current levels. In a report issued on January 31, Canaccord Genuity also maintained a Buy rating on the stock with a C$32.00 price target.

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