20-05-2025
Analysts Conflicted on These Industrial Goods Names: Flowserve (FLS), ALS (OtherCPBLF) and Graincorp Limited Class A (OtherGRCLF)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Flowserve (FLS – Research Report), ALS (CPBLF – Research Report) and Graincorp Limited Class A (GRCLF – Research Report).
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Flowserve (FLS)
In a report issued on May 15, Deane Dray from RBC Capital maintained a Buy rating on Flowserve, with a price target of $59.00. The company's shares closed last Monday at $51.37.
According to Dray is a 5-star analyst with an average return of 13.6% and a 64.3% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.
Currently, the analyst consensus on Flowserve is a Strong Buy with an average price target of $61.00, a 20.6% upside from current levels. In a report issued on April 30, TD Cowen also maintained a Buy rating on the stock with a $75.00 price target.
ALS (CPBLF)
RBC Capital analyst Nicholas Daish maintained a Hold rating on ALS on May 15 and set a price target of A$17.50. The company's shares closed last Thursday at $9.53.
According to Daish is ranked #3877 out of 9558 analysts.
Currently, the analyst consensus on ALS is a Strong Buy with an average price target of $11.17.
Graincorp Limited Class A (GRCLF)
In a report issued on May 15, Owen Birrell from RBC Capital maintained a Buy rating on Graincorp Limited Class A, with a price target of A$9.75. The company's shares closed last Monday at $4.86.
According to Birrell is a 2-star analyst with an average return of 0.7% and a 44.0% success rate. Birrell covers the Industrial Goods sector, focusing on stocks such as Auckland International Airport, Cleanaway Waste Management, and Qantas Airways Limited.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Graincorp Limited Class A with a $5.63 average price target, a 15.8% upside from current levels. In a report issued on May 16, Ord Minnett also maintained a Buy rating on the stock with a A$9.75 price target.
