United Technologies Corp Receives a Hold from Cowen & Co.


Cowen & Co. analyst Cai Rumohr assigned a Hold rating to United Technologies Corp (NYSE: UTX) today and set a price target of $141. The company’s shares closed on Friday at $125.19.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 16.9% and a 75.5% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

United Technologies Corp has an analyst consensus of Moderate Buy, with a price target consensus of $148.60.

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United Technologies Corp’s market cap is currently $100.2B and has a P/E ratio of 22.40. The company has a Price to Book ratio of 3.28.

Based on the recent corporate insider activity of 35 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.

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