Analysts have been eager to weigh in on the Conglomerates sector with new ratings on CH Robinson (CHRW), Oneok (OKE) and Paccar (PCAR).
CH Robinson (CHRW)
In a report released today, Patrick Brown from Raymond James reiterated a Hold rating on CH Robinson. The company’s shares closed last Tuesday at $96.59.
According to TipRanks.com, Brown is a top 100 analyst with an average return of 21.7% and a 81.4% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Old Dominion Freight, Kansas City Southern, and GFL Environmental.
Currently, the analyst consensus on CH Robinson is a Hold with an average price target of $93.33, a -5.0% downside from current levels. In a report released yesterday, Oppenheimer also assigned a Hold rating to the stock.
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Oneok (OKE)
In a report released yesterday, James Weston from Raymond James maintained a Buy rating on Oneok. The company’s shares closed last Tuesday at $50.88, close to its 52-week high of $52.77.
According to TipRanks.com, Weston is a 4-star analyst with an average return of 17.2% and a 64.5% success rate. Weston covers the Industrial Goods sector, focusing on stocks such as Dcp Midstream Partners, EnLink Midstream, and Antero Midstream.
Oneok has an analyst consensus of Hold, with a price target consensus of $49.14.
Paccar (PCAR)
In a report released today, Felix Boeschen from Raymond James reiterated a Buy rating on Paccar, with a price target of $115.00. The company’s shares closed last Tuesday at $91.28.
According to TipRanks.com, Boeschen is a 4-star analyst with an average return of 23.4% and a 79.3% success rate. Boeschen covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Wabash National, and Federal Signal.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paccar with a $101.00 average price target.
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