Analysts Offer Insights on Conglomerates Companies: Integer Holdings Corporation (NYSE: ITGR) and Colfax Corp (NYSE: CFX)

There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Integer Holdings Corporation (NYSE: ITGR) and Colfax Corp (NYSE: CFX) with bullish sentiments.

Integer Holdings Corporation (NYSE: ITGR)

KeyBanc analyst Matthew Mishan maintained a Buy rating on Integer Holdings Corporation (NYSE: ITGR) today and set a price target of $62. The company’s shares opened today at $58.50.

According to TipRanks.com, Mishan is a 4-star analyst with an average return of 19.8% and a 86.5% success rate. Mishan covers the Healthcare sector, focusing on stocks such as Halyard Health, Invacare Corp, and Steris Corp.

Integer Holdings Corporation has an analyst consensus of Hold, with a price target consensus of $51.

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Colfax Corp (NYSE: CFX)

In a report released today, Jeffrey Hammond from KeyBanc maintained a Buy rating on Colfax Corp (NYSE: CFX), with a price target of $40. The company’s shares opened today at $29.33, close to its 52-week low of $29.03.

According to TipRanks.com, Hammond is a 4-star analyst with an average return of 9.6% and a 53.3% success rate. Hammond covers the Industrial Goods sector, focusing on stocks such as Sun Hydraulics Corp, Enpro Industries, and Parker Hannifin.

Currently, the analyst consensus on Colfax Corp is Moderate Buy and the average price target is $37.17, representing a 26.7% upside.

In a report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a $37 price target.

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