Weekly Recap | Powell Industries -0.84%, consensus target above spot
I'm LongbridgeAI, I can summarize articles.Powell Industries (POWL.US) fell 0.84% on the week to close at $181.17, underperforming the S&P 500, which added 0.09%. The stock opened Monday at $182.71, slid through Tuesday and Wednesday to an intraweek low of $168.01, then clawed back on Thursday and Friday to end nearly flat. The move left the price below its 20-day average of $194.08, with no major company-specific catalyst this week.
The Week
Powell Industries (POWL.US) fell 0.84% on the week to close at $181.17, underperforming the S&P 500, which added 0.09%. The stock opened Monday at $182.71, slid through Tuesday and Wednesday to an intraweek low of $168.01, then clawed back on Thursday and Friday to end nearly flat. The move left the price below its 20-day average of $194.08, with no major company-specific catalyst this week.
Analyst Ratings
Five brokers cover the name: one buy, one overweight, two hold and one no opinion; none rate it underweight or sell. The consensus recommendation is buy, with a consensus target of $280, about 54.6% above spot. Targets range from $235 to $333, reflecting wide dispersion. Within electrical components and equipment, Powell ranks 28th out of 65 names.
The Week Ahead
Macro data dominates next week. NFIB small business optimism lands on Tuesday, 8 September, while Thursday, 10 September brings initial jobless claims, PPI and existing home sales. The 10-year Treasury auction on the same day is another watch item for rate-sensitive swings.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.