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nVent Electric has an analyst consensus of Strong Buy, with a price target consensus of $149.86.
Julian Mitchell at Barclays maintained a Buy rating on nVent Electric with a $190 price target.
KEY POINTS
- nVent Electric's latest quarterly revenue rose to $1.24 billion from $809.3 million last year.
- Despite revenue growth, nVent's net profit dropped from $360.7 million to $140.7 million year-over-year.
- Corporate insider sentiment for nVent Electric is negative due to increased insider selling recently.
- nVent Electric's analyst price target consensus of $149.86 is below Mitchell's target and current share price.
COMPANIES
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