Analysts Are Bullish on Top Industrial Goods Stocks: Techtronic Industries (TTNDF), Aecom Technology (ACM)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2024
0mins
Source: Business Insider
- Techtronic Industries (TTNDF):
- Analyst Timothy Wojs maintained a Buy rating with a price target of HK$118.00.
- The company's shares closed at $13.16.
- Analyst consensus is Strong Buy with a price target of $15.00.
- Aecom Technology (ACM):
- Analyst Andrew Wittmann maintained a Buy rating with a price target of $110.00.
- The company's shares closed at $90.14.
- Analyst consensus suggests a Strong Buy with an average price target of $110.00.
- TipRanks has insights on insider activities for potential stock moves.
- Techtronic Industries conducted a share repurchase.
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Analyst Views on ACM
Wall Street analysts forecast ACM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ACM is 133.78 USD with a low forecast of 100.00 USD and a high forecast of 152.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 97.490
Low
100.00
Averages
133.78
High
152.00
Current: 97.490
Low
100.00
Averages
133.78
High
152.00
About ACM
AECOM is a global provider of professional infrastructure consulting and advisory services for governments, businesses and organizations throughout the world. It provides advisory, planning, consulting, architectural and engineering design, construction and program management services, and investment and development services to public and private clients worldwide in major end markets, such as transportation, facilities, water, environmental, and energy. Its Americas segment provides planning, consulting, architectural and engineering design, construction management and program management services to public and private clients in the United States, Canada, and Latin America. Its International segment provides planning, consulting, architectural and engineering design services and program management to public and private clients in Europe, the Middle East, India, Africa, and the Asia-Australia-Pacific regions. Its ACAP segment primarily invests in and develops real estate projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Impact: This adjustment reflects UBS's revised outlook on the stock's performance in the market.
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