Robert W. Baird analyst Michael Halloran reiterated a Buy rating on ITT Corp (NYSE: ITT) yesterday and set a price target of $68. The company’s shares closed yesterday at $61.54, close to its 52-week high of $62.18.
According to TipRanks.com, Halloran is a 5-star analyst with an average return of 12.5% and a 76.8% success rate. Halloran covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Advanced Drainage Systems, and Emerson Electric Company.
ITT Corp has an analyst consensus of Strong Buy, with a price target consensus of $66.50, representing an 8.1% upside. In a report released yesterday, Oppenheimer also assigned a Buy rating to the stock.
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The company has a one-year high of $62.18 and a one-year low of $38.66. Currently, ITT Corp has an average volume of 581.8K.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Denise L. Ramos, the Chief Executive Officer and President of ITT sold 105,295 shares for a total of $5,552,991.
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.
