Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Altra Holdings (NASDAQ:AIMC) and Visteon Corp (NYSE:VC).
Altra Holdings (AIMC)
In a report released today, Scott Graham from BMO Capital maintained a Buy rating on Altra Holdings, with a price target of $48. The company’s shares opened today at $32.10, close to its 52-week low of $30.94.
According to TipRanks.com, Graham is a 4-star analyst with an average return of 6.4% and a 57.9% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Flowserve Corp, and Regal Beloit.
Currently, the analyst consensus on Altra Holdings is a Strong Buy with an average price target of $51.
See today’s analyst top recommended stocks >>
Visteon Corp (VC)
Wells Fargo analyst Rich Kwas maintained a Hold rating on Visteon Corp today and set a price target of $73. The company’s shares opened today at $68.72, close to its 52-week low of $67.27.
According to TipRanks.com, Kwas is a 4-star analyst with an average return of 6.7% and a 56.0% success rate. Kwas covers the Industrial Goods sector, focusing on stocks such as Magna International, Tower International, and Tenneco Automotive.
Visteon Corp has an analyst consensus of Moderate Buy, with a price target consensus of $106.33, implying a 54.7% upside from current levels. In a report issued on October 12, Citigroup also maintained a Hold rating on the stock with a $95 price target.
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