Analysts have been eager to weigh in on the Conglomerates sector with new ratings on CryoPort (CYRX), Genco Shipping (GNK) and Siemens Gamesa Renewable Energy, S.A. (GCTAF).
CryoPort (CYRX)
In a report released today, Stephen Unger from Needham maintained a Buy rating on CryoPort, with a price target of $45.00. The company’s shares closed last Thursday at $43.25.
According to TipRanks.com, Unger is a 5-star analyst with an average return of 30.9% and a 80.2% success rate. Unger covers the Healthcare sector, focusing on stocks such as Myriad Genetics, Thermo Fisher, and PerkinElmer.
CryoPort has an analyst consensus of Strong Buy, with a price target consensus of $53.75.
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Genco Shipping (GNK)
In a report released today, Poe Fratt from Noble Financial maintained a Buy rating on Genco Shipping, with a price target of $14.00. The company’s shares closed last Thursday at $6.46.
According to TipRanks.com, Fratt is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -12.1% and a 39.3% 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.
Currently, the analyst consensus on Genco Shipping is a Strong Buy with an average price target of $13.33.
Siemens Gamesa Renewable Energy, S.A. (GCTAF)
In a report released today, Henry Tarr from Berenberg Bank maintained a Hold rating on Siemens Gamesa Renewable Energy, S.A., with a price target of EUR23.00. The company’s shares closed last Thursday at $31.64, equals to its 52-week high of $31.64.
According to TipRanks.com, Tarr is ranked #6523 out of 7028 analysts.
Siemens Gamesa Renewable Energy, S.A. has an analyst consensus of Moderate Buy, with a price target consensus of $27.82, a -11.1% downside from current levels. In a report issued on November 4, Credit Suisse also maintained a Hold rating on the stock with a EUR23.00 price target.
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