Assessing Carrier Global: Insights From 9 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 9 analysts have shared their evaluations of Carrier Global (NYSE:CARR), revealing a range of outlooks from bullish to bearish. The average 12-month price target has increased to $69.78, with a high estimate of $81.00 and a low estimate of $63.00. Recent analyst actions include several rating raises and price target adjustments, reflecting a generally positive sentiment. Carrier Global has shown a positive revenue trend but faces challenges in profitability, return on equity, return on assets, and debt management.
June 14, 2024 | 3:00 pm
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Carrier Global has received mixed analyst ratings over the past three months, with a generally positive sentiment reflected in several rating raises and price target increases. The average 12-month price target has risen to $69.78. Despite a positive revenue trend, the company faces challenges in profitability, return on equity, return on assets, and debt management.
The increase in the average price target and several rating raises indicate a generally positive sentiment among analysts. However, the company's financial challenges in profitability, ROE, ROA, and debt management may temper short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100