Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Sun Hydraulics Corp (NASDAQ:SNHY) and Douglas Dynamics (NYSE:PLOW).
Sun Hydraulics Corp (SNHY)
In a report released yesterday, Charles Brady from SunTrust Robinson reiterated a Buy rating on Sun Hydraulics Corp, with a price target of $58. The company’s shares closed yesterday at $49.09, close to its 52-week low of $45.16.
According to TipRanks.com, Brady is a 4-star analyst with an average return of 14.7% and a 72.0% success rate. Brady covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Carlisle Companies Inc, and Manitowoc Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sun Hydraulics Corp with a $55 average price target.
See today’s analyst top recommended stocks >>
Douglas Dynamics (PLOW)
Robert W. Baird analyst Timothy Wojs reiterated a Hold rating on Douglas Dynamics yesterday and set a price target of $46. The company’s shares closed yesterday at $45.20.
According to TipRanks.com, Wojs is a 4-star analyst with an average return of 5.1% and a 60.2% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Simpson Manufacturing Co Inc, American Woodmark Corp, and Carlisle Companies Inc.
Douglas Dynamics has an analyst consensus of Hold, with a price target consensus of $46.
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