Analysts Are Bullish on Top Industrial Goods Stocks: Ryanair Holdings (RYAAY), General Electric (GE)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Ryanair Holdings (RYAAYResearch Report), General Electric (GEResearch Report) and Western Midstream Partners (WESResearch Report) with bullish sentiments.

Ryanair Holdings (RYAAY)

Raymond James analyst Savanthi Syth maintained a Buy rating on Ryanair Holdings today and set a price target of $113.00. The company’s shares closed last Monday at $94.45.

According to TipRanks.com, Syth is a 5-star analyst with an average return of 8.2% and a 52.2% success rate. Syth covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and American Airlines.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ryanair Holdings with a $113.00 average price target.

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General Electric (GE)

Morgan Stanley analyst Joshua Pokrzywinski maintained a Buy rating on General Electric today and set a price target of $85.00. The company’s shares closed last Monday at $78.98, close to its 52-week high of $81.18.

According to TipRanks.com, Pokrzywinski is a 4-star analyst with an average return of 6.6% and a 56.9% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Lennox International, and Illinois Tool Works.

General Electric has an analyst consensus of Strong Buy, with a price target consensus of $81.46, a 5.0% upside from current levels. In a report issued on January 9, Bank of America Securities also maintained a Buy rating on the stock with a $85.00 price target.

Western Midstream Partners (WES)

In a report released today, Jeremy Tonet from J.P. Morgan maintained a Buy rating on Western Midstream Partners, with a price target of $33.00. The company’s shares closed last Monday at $28.21, close to its 52-week high of $29.50.

According to TipRanks.com, Tonet is a 4-star analyst with an average return of 5.1% and a 54.6% success rate. Tonet covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Plains All American.

Currently, the analyst consensus on Western Midstream Partners is a Strong Buy with an average price target of $34.00, which is a 21.1% upside from current levels. In a report issued on January 9, Morgan Stanley also maintained a Buy rating on the stock with a $37.00 price target.

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