ITT Corp (ITT) Gets a Buy Rating from Stifel Nicolaus


Stifel Nicolaus analyst Nathan Jones reiterated a Buy rating on ITT Corp (ITT) yesterday and set a price target of $60. The company’s shares closed yesterday at $49.34.

According to TipRanks.com, Jones is a 2-star analyst with an average return of 0.1% and a 45.4% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Lincoln Electric Holdings, and Watts Water Technologies.

Currently, the analyst consensus on ITT Corp is a Strong Buy with an average price target of $65.

See today’s analyst top recommended stocks >>

Based on ITT Corp’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $111 million. In comparison, last year the company earned revenue of $645 million and had a net profit of $86.9 million.

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.

ITT, Inc. engages in the provision of engineering and technology. Its activities include manufacture and sale of engineered components and customized technology solutions in the field of energy, transportation, and industrial markets.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts