In a report released on January 12, Stephen Tusa from J.P. Morgan maintained a Buy rating on Vertiv Holdings (VRT – Research Report), with a price target of $16.00. The company’s shares closed last Friday at $14.97.
According to TipRanks, Tusa is a 5-star analyst with an average return of 10.5% and a 64.44% success rate. Tusa covers the Industrial Goods sector, focusing on stocks such as Johnson Controls, Dover, and General Electric.
Vertiv Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $16.67.
See Insiders’ Hot Stocks on TipRanks >>
VRT market cap is currently $5.65B and has a P/E ratio of -255.90.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VRT in relation to earlier this year.
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.
Vertiv Holdings Co. engages in the design, manufacturing, and servicing of critical digital infrastructure technology that powers, cools, deploys, secures and maintains electronics that process, store and transmit data. It also offers power management products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure. It carries out its operations in the following geographical segments: Americas, Asia Pacific, and EMEA. The company was founded on February 7, 2020 and is headquartered in Columbus, OH.
Read More on VRT:
