Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on nVent Electric (NVT – Research Report) and Lincoln Electric Holdings (LECO – Research Report).
nVent Electric (NVT)
KeyBanc analyst Jeffrey Hammond maintained a Hold rating on nVent Electric today. The company’s shares closed last Friday at $45.88.
According to TipRanks.com, Hammond is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for nVent Electric with a $63.50 average price target.
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Lincoln Electric Holdings (LECO)
KeyBanc analyst Steve Barger maintained a Buy rating on Lincoln Electric Holdings today. The company’s shares closed last Friday at $172.67.
According to TipRanks.com, Barger is a 5-star analyst with an average return of
Lincoln Electric Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $210.00, a 19.3% upside from current levels. In a report issued on October 24, Jefferies also maintained a Buy rating on the stock with a $230.00 price target.
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Read More on NVT:
- nVent Electric sees Q4 adjusted EPS 73c-75c, consensus 72c
- nVent Electric raises FY23 adjusted EPS view to $3.01-$3.03 from $2.85-$2.91
- nVent Electric reports Q3 adjusted EPS 84c, consensus 73c
- Nvent Electric (NVT) Q3 Earnings Cheat Sheet
- nVent Electric price target lowered to $67 from $69 at Barclays
