Where nVent Electric Stands With Analysts
Portfolio Pulse from Benzinga Insights
nVent Electric (NYSE:NVT) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 somewhat bullish, and none indifferent, somewhat bearish, or bearish. The 12-month price targets for NVT have an average of $62.00, with a high of $65.00 and a low of $57.00. This average price target remains unchanged from the previous period. Analyst ratings are opinions based on financial analysis and are not guarantees of performance.
December 11, 2023 | 7:00 pm
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POSITIVE IMPACT
nVent Electric has a positive outlook from analysts with 4 bullish ratings in the last quarter and an unchanged average price target of $62.00.
The positive and somewhat bullish ratings from analysts suggest optimism about nVent Electric's future performance. The consistency of the price target over time may reinforce investor confidence in the stock, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100