Analysts Conflicted on These Consumer Goods Names: Esterline Techs (NYSE: ESL) and Ecolab Inc (NYSE: ECL)

By Carrie Williams

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Esterline Techs (NYSE: ESL) and Ecolab Inc (NYSE: ECL).

Esterline Techs (NYSE: ESL)

In a report issued on October 11, Kenneth Herbert from Canaccord Genuity reiterated a Hold rating on Esterline Techs (NYSE: ESL), with a price target of $92. The company’s shares closed yesterday at $93.80.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 13.3% and a 65.3% success rate. Herbert covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, CPI Aerostructures, and Spirit AeroSystems.

Currently, the analyst consensus on Esterline Techs is Hold and the average price target is $92.50, representing a -1.4% downside.

In a report issued on October 6, Jefferies also reiterated a Hold rating on the stock with a $90 price target.
Ecolab Inc (NYSE: ECL)

In a report issued on October 11, John Quealy from Canaccord Genuity reiterated a Buy rating on Ecolab Inc (NYSE: ECL), with a price target of $145. The company’s shares closed yesterday at $133.91, close to its 52-week high of $134.89.

According to TipRanks.com, Quealy is a 4-star analyst with an average return of 8.3% and a 57.1% success rate. Quealy covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Ceco Environmental, and Lsi Industries Inc.

Ecolab Inc has an analyst consensus of Moderate Buy, with a price target consensus of $134.22.

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