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Analysts Offer Insights on Industrial Goods Companies: LCI Industries (LCII) and Knight Transportation (KNX)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on LCI Industries (LCIIResearch Report) and Knight Transportation (KNXResearch Report) with bullish sentiments.

LCI Industries (LCII)

In a report issued on January 26, Craig Kennison from Robert W. Baird maintained a Buy rating on LCI Industries, with a price target of $120.00. The company’s shares closed last Friday at $108.07.

According to TipRanks.com, Kennison is a 4-star analyst with an average return of 7.4% and a 55.3% success rate. Kennison covers the Consumer Goods sector, focusing on stocks such as MasterCraft Boat Holdings, Camping World Holdings, and Winnebago Industries.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LCI Industries with a $107.33 average price target.

See today’s best-performing stocks on TipRanks >>

Knight Transportation (KNX)

In a report issued on January 26, Garrett Holland from Robert W. Baird maintained a Buy rating on Knight Transportation, with a price target of $65.00. The company’s shares closed last Friday at $59.12.

According to TipRanks.com, Holland is a 3-star analyst with an average return of 2.5% and a 53.3% success rate. Holland covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Werner Enterprises, and Heartland Express.

Currently, the analyst consensus on Knight Transportation is a Moderate Buy with an average price target of $66.20, a 12.2% upside from current levels. In a report issued on January 11, Barclays also maintained a Buy rating on the stock with a $62.00 price target.

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