Analysts fell to the sidelines weighing in on Cummins (CMI), Greenbrier (GBX) and Patrick Industries (PATK) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Cummins (CMI)
In a report issued on December 6, Andy Casey from Wells Fargo maintained a Hold rating on Cummins. The company’s shares closed last Monday at $180.41, close to its 52-week high of $186.73.
According to TipRanks.com, Casey is a 4-star analyst with an average return of 7.5% and a 51.8% success rate. Casey covers the Industrial Goods sector, focusing on stocks such as Parker Hannifin, Caterpillar, and Navistar.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cummins with a $185.78 average price target, representing a 2.6% upside. In a report issued on November 22, Robert W. Baird also maintained a Hold rating on the stock with a $184.00 price target.
See today’s analyst top recommended stocks >>
Greenbrier (GBX)
Wells Fargo analyst Allison Poliniak maintained a Hold rating on Greenbrier on December 6. The company’s shares closed last Monday at $28.78.
According to TipRanks.com, Poliniak is a 3-star analyst with an average return of 3.7% and a 55.6% success rate. Poliniak covers the Services sector, focusing on stocks such as Anixter International, Kansas City Southern, and Wesco International.
Currently, the analyst consensus on Greenbrier is a Moderate Buy with an average price target of $34.25.
Patrick Industries (PATK)
In a report issued on December 6, Tim Conder from Wells Fargo maintained a Hold rating on Patrick Industries. The company’s shares closed last Monday at $51.83, close to its 52-week high of $55.87.
According to TipRanks.com, Conder is a 4-star analyst with an average return of 7.8% and a 61.0% success rate. Conder covers the Consumer Goods sector, focusing on stocks such as Acushnet Holdings, Malibu Boats, and Brunswick.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Patrick Industries with a $53.00 average price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
