Robert W. Baird analyst Timothy Wojs reiterated a Hold rating on Barnes Group Inc (B) on November 15 and set a price target of $65. The company’s shares closed yesterday at $59.18.
According to TipRanks.com, Wojs is a 1-star analyst with an average return of -1.1% and a 48.6% success rate. Wojs covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Incorporated, Simpson Manufacturing Co Inc, and American Woodmark Corp.
Currently, the analyst consensus on Barnes Group Inc is a Moderate Buy with an average price target of $69, which is a 16.6% upside from current levels. In a report released yesterday, D.A. Davidson also maintained a Hold rating on the stock with a $66 price target.
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The company has a one-year high of $72.70 and a one-year low of $52.42. Currently, Barnes Group Inc has an average volume of 222.2K.
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Barnes Group, Inc. engages in the manufacture and services of engineered products. It operates through the Industrial and Aerospace segments. The Industrial segment includes molding solutions, nitrogen gas products, and engineered components business units.
