In a report released today, Charles Brady from SunTrust Robinson reiterated a Buy rating on Carlisle Companies Inc (NYSE: CSL), with a price target of $134. The company’s shares opened today at $95.54, close to its 52-week low of $92.16.
According to TipRanks.com, Brady is a 4-star analyst with an average return of 8.0% and a 56.3% success rate. Brady covers the Industrial Goods sector, focusing on stocks such as Thermon Group Holdings Inc, Sun Hydraulics Corp, and Enpro Industries.
Currently, the analyst consensus on Carlisle Companies Inc is a Moderate Buy with an average price target of $129.75, representing a 35.8% upside. In a report issued on October 19, B.Riley FBR also maintained a Buy rating on the stock with a $145 price target.
.
See today’s analyst top recommended stocks >>
Based on Carlisle Companies Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $113 million. In comparison, last year the company had a net profit of $85.9 million.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is neutral on the stock.
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.
Carlisle Cos., Inc. engages in the manufacture and distribution of engineered products for both original equipment and aftermarket channels. It operates through the following segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle FoodService Products, Carlisle Fluid Technologies, and Carlisle Brake & Friction.
