Analysts have been eager to weigh in on the Conglomerates sector with new ratings on TPI Composites (TPIC), Federal Signal (FSS) and Euroseas (ESEA).
TPI Composites (TPIC)
In a report released today, Pavel Molchanov from Raymond James maintained a Buy rating on TPI Composites, with a price target of $67.00. The company’s shares closed last Thursday at $61.14.
According to TipRanks.com, Molchanov is a 5-star analyst with an average return of 14.7% and a 60.2% success rate. Molchanov covers the Utilities sector, focusing on stocks such as Maxeon Solar Technologies, Nextera Energy Partners, and Exxon Mobil.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TPI Composites with a $66.50 average price target, which is a 2.4% upside from current levels. In a report issued on February 24, Morgan Stanley also reiterated a Buy rating on the stock with a $77.00 price target.
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Federal Signal (FSS)
In a report released today, Felix Boeschen from Raymond James maintained a Hold rating on Federal Signal. The company’s shares closed last Thursday at $36.56, close to its 52-week high of $38.92.
According to TipRanks.com, Boeschen is a 4-star analyst with an average return of 18.3% and a 72.0% success rate. Boeschen covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Wabash National, and Shyft Group.
Currently, the analyst consensus on Federal Signal is a Moderate Buy with an average price target of $40.00.
Euroseas (ESEA)
Noble Financial analyst Poe Fratt maintained a Buy rating on Euroseas today and set a price target of $13.00. The company’s shares closed last Thursday at $7.34.
According to TipRanks.com, Fratt is a 5-star analyst with an average return of 36.9% and a 55.6% success rate. Fratt covers the Industrial Goods sector, focusing on stocks such as Energy Services of America, Grindrod Shipping Holdings, and Great Lakes Dredge & Dock.
Euroseas has an analyst consensus of Moderate Buy, with a price target consensus of $14.50.
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