Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Belden (BDC) and Dana Holding (DAN).
Belden (BDC)
Canaccord Genuity analyst Jonathan Dorsheimer maintained a Hold rating on Belden yesterday and set a price target of $46.00. The company’s shares closed last Tuesday at $41.97.
According to TipRanks.com, Dorsheimer is a 5-star analyst with an average return of 24.5% and a 55.7% success rate. Dorsheimer covers the Technology sector, focusing on stocks such as Stmicroelectronics, Fuelcell Energy, and IPG Photonics.
The word on The Street in general, suggests a Hold analyst consensus rating for Belden with a $38.33 average price target.
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Dana Holding (DAN)
In a report released today, Noah Kaye from Oppenheimer assigned a Buy rating to Dana Holding, with a price target of $17.00. The company’s shares closed last Tuesday at $19.83.
According to TipRanks.com, Kaye is a 5-star analyst with an average return of 13.4% and a 64.4% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Johnson Controls, and Caterpillar.
Currently, the analyst consensus on Dana Holding is a Strong Buy with an average price target of $19.50.
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