Merrill Lynch analyst Ronald Epstein reiterated a Buy rating on United Technologies Corp (NYSE: UTX) today and set a price target of $195. The company’s shares opened today at $126.55.
Epstein has an average return of 9.8% when recommending United Technologies Corp.
According to TipRanks.com, Epstein is ranked #2686 out of 4831 analysts.
Currently, the analyst consensus on United Technologies Corp is Moderate Buy and the average price target is $156.50, representing a 23.7% upside.
In a report issued on June 15, Morgan Stanley also assigned a Buy rating to the stock with a $160 price target.
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United Technologies Corp’s market cap is currently $101.5B and has a P/E ratio of 22.71. The company has a Price to Book ratio of 3.33.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is neutral on the stock.
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