In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Vontier (VNT – Research Report), with a price target of $50.00. The company’s shares closed yesterday at $45.26.
According to TipRanks, Mitchell is a top 100 analyst with an average return of 16.5% and a 66.87% success rate. Mitchell covers the Industrials sector, focusing on stocks such as 3M, Ingersoll Rand, and Carrier Global.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vontier with a $45.63 average price target, which is a 0.82% upside from current levels. In a report released on March 18, Argus Research also maintained a Buy rating on the stock with a $50.00 price target.
The company has a one-year high of $45.62 and a one-year low of $25.40. Currently, Vontier has an average volume of 795.2K.
Based on the recent corporate insider activity of 38 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 VNT 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.
Vontier (VNT) Company Description:
Vontier Corp is an industrial technology company that offers critical technical equipment, components, software and services for manufacturing, repair and servicing in the mobility infrastructure industry. The company offers a wide range of solutions like environmental sensors, fueling equipment, field payment hardware, remote management and workflow software, vehicle tracking and fleet management software solutions for traffic light control and vehicle mechanics’ and technicians’ equipment.
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