Greg Palm analyst at Craig-Hallum reiterates coverage on Transcat (TRNS) in the Industrials sector with a Buy rating. TipRanks.com has Palm rated as a 4.4 star analyst with a 50% return on investment and a 10.1% success rate. Palm has not provided a price target.
TipRanks.com reports that Transcat currently has 15 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $95.50. The target pricing ranges from a high forecast of $100.00 down to a low forecast of $92.00. Transcat (TRNS)’s last closing price was $87.50 which would put the average price target at 19.23% upside.
In addition, TradingView issued a Strong buy rating for TRNS over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on TRNS.
Other analysts covering TRNS include:
- Ted Jackson of Northland Securities issued a Buy rating with the price target of $110 on 22 hours ago
- Scott Buck of H.C. Wainwright issued a Buy rating with the price target of $102 on 22 hours ago
- Gerry Sweeney of Roth MKM issued a Buy rating with the price target of $101 on 2 months ago
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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