Wells Fargo analyst Joe O’Dea maintained a Hold rating on Hubbell B (HUBB – Research Report) yesterday and set a price target of $360.00. The company’s shares closed last Friday at $395.15.
O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Eaton, and Emerson Electric Company. According to TipRanks, O’Dea has an average return of 7.7% and a 58.97% success rate on recommended stocks.
In addition to Wells Fargo, Hubbell B also received a Hold from Deutsche Bank’s Nicole Deblase in a report issued on March 11. However, on March 6, Seaport Global maintained a Buy rating on Hubbell B (NYSE: HUBB).
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The company has a one-year high of $404.15 and a one-year low of $216.55. Currently, Hubbell B has an average volume of 410.3K.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HUBB in relation to earlier this year.
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Hubbell B (HUBB) Company Description:
Hubbell, Inc. engages in designing, manufacturing and sale of electrical and electronic products for non-residential and residential construction, industrial, and utility applications. It operates though the following segments: Electrical and Power. The Electrical segment manufactures and sells wiring and electrical, lighting fixtures and controls for indoor and outdoor applications as well as specialty lighting and communications products. The Power segment consists of operations that design, manufacture and sale of transmission and distribution components primarily for the electrical utilities industry. The company was founded by Harvey Hubbell II in 1888 and is headquartered in Shelton, CT.
Read More on HUBB:
- Disney initiated, Foot Locker upgraded: Wall Street’s top analyst calls
- Hubbell initiated with a Hold at Deutsche Bank
- Hubbell price target raised to $420 from $375 at Seaport Research
- Hubbell Incorporated Recognized as One of the 2024 World’s Most Ethical Companies®
- Hubbell to Host Investor Conference
