tiprankstipranks
Blurbs

Analysts Offer Insights on Industrial Goods Companies: Avis Budget (CAR), LegalZoom (LZ) and Air Lease (AL)

There’s a lot to be optimistic about in the Industrial Goods sector as 3 analysts just weighed in on Avis Budget (CARResearch Report), LegalZoom (LZResearch Report) and Air Lease (ALResearch Report) with bullish sentiments.

Avis Budget (CAR)

J.P. Morgan analyst Ryan Brinkman maintained a Buy rating on Avis Budget on May 6 and set a price target of $205.00. The company’s shares closed last Wednesday at $120.44.

According to TipRanks.com, Brinkman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.2% and a 49.1% success rate. Brinkman covers the NA sector, focusing on stocks such as Magna International, Rivian Automotive, and General Motors.

Currently, the analyst consensus on Avis Budget is a Strong Buy with an average price target of $165.13, which is a 38.5% upside from current levels. In a report issued on May 3, Bank of America Securities also assigned a Buy rating to the stock with a $140.00 price target.

See the top stocks recommended by analysts >>

LegalZoom (LZ)

In a report released yesterday, Ella Smith from J.P. Morgan maintained a Buy rating on LegalZoom, with a price target of $15.00. The company’s shares closed last Wednesday at $9.28.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LegalZoom with a $13.50 average price target, which is a 37.7% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $15.00 price target.

Air Lease (AL)

In a report issued on May 7, Jamie Baker from J.P. Morgan maintained a Buy rating on Air Lease, with a price target of $54.00. The company’s shares closed last Wednesday at $48.96.

According to TipRanks.com, Baker is a 3-star analyst with an average return of 1.2% and a 49.3% success rate. Baker covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Southwest Airlines, and American Airlines.

Air Lease has an analyst consensus of Strong Buy, with a price target consensus of $55.17, implying a 16.6% upside from current levels. In a report issued on May 6, Bank of America Securities also maintained a Buy rating on the stock with a $70.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on CAR:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles