What 4 Analyst Ratings Have To Say About Carlisle Companies
Portfolio Pulse from Benzinga Insights
Analysts have updated their ratings and price targets for Carlisle Companies (NYSE:CSL), showing a positive outlook with an average 12-month price target of $399.75, marking a 10.66% increase from the previous target. The company's financial performance indicates a negative revenue trend but strong net margin and ROA, with challenges in ROE and a sound debt management position.
April 01, 2024 | 5:00 pm
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POSITIVE IMPACT
Carlisle Companies sees positive analyst sentiment with raised price targets, reflecting a bullish outlook despite a slight revenue decline.
The increase in the average price target by analysts, despite a revenue decline, indicates a strong belief in Carlisle Companies' future performance. The positive adjustments in price targets and ratings suggest analysts see growth potential, likely due to the company's strong net margin and ROA. However, the negative revenue trend and below-average ROE present challenges that investors should monitor.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100