Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Rexnord Corporation (RXN) and Landstar System Inc (LSTR).
Rexnord Corporation (RXN)
Oppenheimer analyst Bryan Blair assigned a Buy rating to Rexnord Corporation yesterday. The company’s shares closed yesterday at $25.68.
According to TipRanks.com, Blair is a 1-star analyst with an average return of -3.3% and a 40.7% success rate. Blair covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Watts Water Technologies, and Mueller Water Products.
Currently, the analyst consensus on Rexnord Corporation is a Moderate Buy with an average price target of $27.67, representing a 7.7% upside. In a report issued on January 25, Robert W. Baird also maintained a Buy rating on the stock with a $29 price target.
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Landstar System Inc (LSTR)
Oppenheimer analyst Scott Schneeberger assigned a Hold rating to Landstar System Inc yesterday. The company’s shares closed yesterday at $104.34.
According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 8.1% and a 62.1% success rate. Schneeberger covers the Services sector, focusing on stocks such as General Finance, XPO Logistics, and CH Robinson.
Landstar System Inc has an analyst consensus of Hold, with a price target consensus of $109.33, representing a 4.8% upside. In a report released yesterday, Cowen & Co. also maintained a Hold rating on the stock with a $100 price target.
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