There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on AZEK Company (AZEK – Research Report) and Frontier Group Holdings (ULCC – Research Report) with bullish sentiments.
AZEK Company (AZEK)
J.P. Morgan analyst Michael Rehaut maintained a Buy rating on AZEK Company yesterday and set a price target of $30.00. The company’s shares closed last Thursday at $27.06.
According to TipRanks.com, Rehaut is a 4-star analyst with an average return of 3.5% and a 54.6% success rate. Rehaut covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker, Green Brick Partners, and Century Communities.
AZEK Company has an analyst consensus of Moderate Buy, with a price target consensus of $28.25, a -3.5% downside from current levels. In a report issued on January 26, Stifel Nicolaus also maintained a Buy rating on the stock with a $26.00 price target.
Frontier Group Holdings (ULCC)
In a report released yesterday, Jamie Baker from J.P. Morgan maintained a Buy rating on Frontier Group Holdings, with a price target of $18.00. The company’s shares closed last Thursday at $11.58.
According to TipRanks.com, Baker is a 1-star analyst with an average return of -3.5% and a 47.1% success rate. Baker covers the Industrial Goods sector, focusing on stocks such as American Airlines, Delta Air Lines, and Alaska Air.
Currently, the analyst consensus on Frontier Group Holdings is a Strong Buy with an average price target of $17.00, representing a 33.0% upside. In a report released yesterday, Cowen & Co. also maintained a Buy rating on the stock with a $19.00 price target.
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