Stephens Stick to Their Buy Rating for Hubbell B
Investing.com
Published Feb 02, 2021 04:16AM ET
Stephens analyst Robert McCarthy maintained a Buy rating on Hubbell B (NYSE:HUBB) on Thursday, setting a price target of $147, which is approximately 7.52% below the present share price of $158.96.
McCarthy expects Hubbell B to post earnings per share (EPS) of $1.97 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in Hubbell B, with an average price target of $178.
The analysts price targets range from a high of $178 to a low of $178.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.11 billion and a net profit of $156.3 million. The company's market cap is $8.62 billion.
According to TipRanks.com, Stephens analyst Robert McCarthy is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.8% and a 79.76% success rate.
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.
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.