nVent Electric plc Gets a Hold Rating from Barclays


In a report released yesterday, Julian Mitchell from Barclays maintained a Hold rating on nVent Electric plc (NYSE: NVT), with a price target of $25. The company’s shares opened today at $27.37.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 11.6% and a 72.9% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Gates Industrial Corp Plc, Honeywell International, and Rockwell Automation Inc.

nVent Electric plc has an analyst consensus of Moderate Buy, with a price target consensus of $28.60.

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The company has a one-year high of $28.93 and a one-year low of $21. Currently, nVent Electric plc has an average volume of 2.35M.

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nVent Electric Plc provides electrical connection and protection solutions. It designs, manufactures, markets, installs, and services products and solutions that connect and protect some of the equipment, buildings, and critical processes.

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