Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Newell Brands (NWL), Adt Inc (ADT) and Kennametal (KMT).
Newell Brands (NWL)
Barclays analyst Lauren Lieberman maintained a Hold rating on Newell Brands on August 5 and set a price target of $18. The company’s shares closed yesterday at $16.13.
According to TipRanks.com, Lieberman is a 3-star analyst with an average return of 1.2% and a 55.0% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Edgewell Personal Care, and Avon Products Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Newell Brands with a $20 average price target.
See today’s analyst top recommended stocks >>
Adt Inc (ADT)
Barclays analyst Manav Patnaik maintained a Buy rating on Adt Inc on August 6 and set a price target of $7. The company’s shares closed yesterday at $5.21, close to its 52-week low of $4.71.
According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 12.5% and a 69.4% success rate. Patnaik covers the Services sector, focusing on stocks such as Emerald Expositions Events Inc, Nielsen Holdings, and ARAMARK Holdings.
Adt Inc has an analyst consensus of Moderate Buy, with a price target consensus of $7.
Kennametal (KMT)
In a report issued on August 6, Julian Mitchell from Barclays maintained a Buy rating on Kennametal, with a price target of $40. The company’s shares closed yesterday at $30.88, close to its 52-week low of $30.01.
According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 10.7% and a 70.1% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Gates Industrial Corp Plc, and Emerson Electric Company.
The word on The Street in general, suggests a Hold analyst consensus rating for Kennametal with a $36.40 average price target, a 17.9% upside from current levels. In a report released yesterday, Longbow Research also maintained a Buy rating on the stock with a $45 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.
