There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Crane Company (NYSE:CR) and Sunrun (NASDAQ:RUN) with bullish sentiments.
Crane Company (CR)
In a report released today, Damian Karas from UBS maintained a Buy rating on Crane Company, with a price target of $105. The company’s shares closed yesterday at $91.70.
Karas has an average return of 3.8% when recommending Crane Company.
According to TipRanks.com, Karas is ranked #2735 out of 4877 analysts.
Currently, the analyst consensus on Crane Company is a Moderate Buy with an average price target of $102.50.
See today’s analyst top recommended stocks >>
Sunrun (RUN)
JMP Securities analyst Joseph Osha maintained a Buy rating on Sunrun today and set a price target of $20. The company’s shares closed yesterday at $13.52.
According to TipRanks.com, Osha is a 3-star analyst with an average return of 10.0% and a 58.3% success rate. Osha covers the Industrial Goods sector, focusing on stocks such as Acuity Brands, Vivint Solar, and Hubbell B.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sunrun with a $18.33 average price target.
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