Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Terex Corp (TEX) and PGT Inc (PGTI).
Terex Corp (TEX)
Wells Fargo analyst Andy Casey maintained a Hold rating on Terex Corp today and set a price target of $34. The company’s shares opened today at $31.08, close to its 52-week low of $28.64.
According to TipRanks.com, Casey is a 3-star analyst with an average return of 4.1% and a 40.4% success rate. Casey covers the Industrial Goods sector, focusing on stocks such as Illinois Tool Works, Eaton Corporation, and Parker Hannifin.
Currently, the analyst consensus on Terex Corp is a Hold with an average price target of $41, a 31.9% upside from current levels. In a report issued on November 2, Citigroup also maintained a Hold rating on the stock with a $38 price target.
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PGT Inc (PGTI)
In a report released today, Nishu Sood from Deutsche Bank maintained a Buy rating on PGT Inc, with a price target of $28. The company’s shares opened today at $22.21.
According to TipRanks.com, Sood is a 4-star analyst with an average return of 13.0% and a 67.2% success rate. Sood covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Taylor Morrison, and Lennar Corp.
Currently, the analyst consensus on PGT Inc is a Strong Buy with an average price target of $26.80.
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