In a report released today, Joshua Pokrzywinski from Morgan Stanley maintained a Hold rating on Hubbell B (HUBB), with a price target of $152.00. The company’s shares closed last Monday at $147.71, close to its 52-week high of $149.31.
According to TipRanks.com, Pokrzywinski is a 3-star analyst with an average return of 3.8% and a 58.1% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Gardner Denver Holdings, and Lennox International.
The word on The Street in general, suggests a Hold analyst consensus rating for Hubbell B.
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The company has a one-year high of $149.31 and a one-year low of $91.88. Currently, Hubbell B has an average volume of 255.1K.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HUBB in relation to earlier this year.
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Hubbell, Inc. engages in designing, manufacturing and sale of electrical and electronic products for non-residential and residential construction, industrial, and utility applications. It operates though the following two segments: Electrical and Power.
