Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Ducommun (DCO), IPG Photonics (IPGP) and Universal Electronics (UEIC).
Ducommun (DCO)
In a report released today, Mike Crawford from B.Riley FBR maintained a Hold rating on Ducommun, with a price target of $55.00. The company’s shares closed last Monday at $41.38.
According to TipRanks.com, Crawford is a 4-star analyst with an average return of 6.2% and a 54.0% success rate. Crawford covers the Consumer Goods sector, focusing on stocks such as TTM Technologies, Finjan Holdings, and Kratos Defense.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ducommun with a $52.50 average price target.
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IPG Photonics (IPGP)
Benchmark Co. analyst Mark Miller maintained a Hold rating on IPG Photonics yesterday. The company’s shares closed last Monday at $149.97.
According to TipRanks.com, Miller is a top 100 analyst with an average return of 23.2% and a 70.9% success rate. Miller covers the Consumer Goods sector, focusing on stocks such as Axcelis Technologies, MKS Instruments, and Onto Innovation.
The word on The Street in general, suggests a Hold analyst consensus rating for IPG Photonics with a $138.00 average price target, which is a -4.2% downside from current levels. In a report issued on January 29, Stifel Nicolaus also downgraded the stock to Hold with a $151.00 price target.
Universal Electronics (UEIC)
B.Riley FBR analyst Jeff Van Sinderen maintained a Buy rating on Universal Electronics today and set a price target of $70.00. The company’s shares closed last Monday at $45.79.
Sinderen has an average return of 12.3% when recommending Universal Electronics.
According to TipRanks.com, Sinderen is ranked #3243 out of 5913 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Universal Electronics with a $70.00 average price target.
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