Demystifying Hubbell: Insights From 4 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Analyst ratings for Hubbell (NYSE:HUBB) show varied sentiments, with recent evaluations adjusting price targets and ratings. The average 12-month price target for HUBB has risen to $418.5, a 9.65% increase from the previous $381.67. Analyst actions include both upgrades and downgrades, reflecting changes in market conditions and company performance. Hubbell's financial overview highlights a positive revenue trend, superior net margin, and strong ROE and ROA, despite a high debt-to-equity ratio compared to industry averages.
May 01, 2024 | 8:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts have mixed views on Hubbell, with recent adjustments in ratings and price targets. The average 12-month price target has increased significantly, indicating a positive outlook on the stock's future performance.
The increase in the average price target reflects a positive sentiment among analysts, which could lead to increased investor confidence and potentially drive the stock price up in the short term. The detailed financial overview, highlighting strong revenue growth, net margin, ROE, and ROA, supports the potential for stock appreciation, despite concerns over a high debt-to-equity ratio.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100