Analysts Offer Insights on Conglomerates Companies: Watts Water Technologies (NYSE: WTS) and LCI Industries (NYSE: LCII)


Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Watts Water Technologies (NYSE: WTS) and LCI Industries (NYSE: LCII).

Watts Water Technologies (NYSE: WTS)

Robert W. Baird analyst Michael Halloran maintained a Hold rating on Watts Water Technologies (NYSE: WTS) today and set a price target of $81. The company’s shares closed on Friday at $74.65.

According to TipRanks.com, Halloran is a 4-star analyst with an average return of 10.0% and a 69.4% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Advanced Drainage Systems, and Emerson Electric Company.

Currently, the analyst consensus on Watts Water Technologies is Moderate Buy and the average price target is $85.50, representing a 14.5% upside.

In a report issued on May 4, Boenning & Scattergood also maintained a Hold rating on the stock.

See today’s analyst top recommended stocks >>

LCI Industries (NYSE: LCII)

In a report released today, Craig Kennison from Robert W. Baird maintained a Buy rating on LCI Industries (NYSE: LCII), with a price target of $125. The company’s shares closed on Friday at $94.90.

According to TipRanks.com, Kennison is a 5-star analyst with an average return of 15.6% and a 64.0% success rate. Kennison covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Fox Factory Holding, and Harley-Davidson.

LCI Industries has an analyst consensus of Moderate Buy, with a price target consensus of $125.

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