Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Scotts Miracle-Gro Company (SMG), Trane Technologies (TT) and Celanese (CE).
Scotts Miracle-Gro Company (SMG)
In a report released today, William Chappell from SunTrust Robinson maintained a Buy rating on Scotts Miracle-Gro Company, with a price target of $180.00. The company’s shares closed last Thursday at $157.17, close to its 52-week high of $167.46.
According to TipRanks.com, Chappell is a 5-star analyst with an average return of 13.0% and a 67.4% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Reynolds Consumer Products, Constellation Brands, and Central Garden Pet.
Currently, the analyst consensus on Scotts Miracle-Gro Company is a Moderate Buy with an average price target of $147.67.
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Trane Technologies (TT)
In a report released today, Nicole Deblase from Deutsche Bank maintained a Hold rating on Trane Technologies, with a price target of $111.00. The company’s shares closed last Thursday at $110.34.
According to TipRanks.com, Deblase is a 3-star analyst with an average return of 3.8% and a 60.8% success rate. Deblase covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.
Currently, the analyst consensus on Trane Technologies is a Moderate Buy with an average price target of $108.09, which is a -0.8% downside from current levels. In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $112.00 price target.
Celanese (CE)
In a report released today, PJ Juvekar from Citigroup maintained a Buy rating on Celanese, with a price target of $108.00. The company’s shares closed last Thursday at $96.19.
According to TipRanks.com, Juvekar is a 4-star analyst with an average return of 4.6% and a 47.2% success rate. Juvekar covers the Industrial Goods sector, focusing on stocks such as Sociedad Quimica Y Minera SA, Air Products and Chemicals, and Sherwin-Williams Company.
Currently, the analyst consensus on Celanese is a Moderate Buy with an average price target of $104.91, which is a 7.4% upside from current levels. In a report issued on July 16, Goldman Sachs also maintained a Buy rating on the stock with a $105.00 price target.
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