What 6 Analyst Ratings Have To Say About Hubbell
Portfolio Pulse from Benzinga Insights
In the past three months, six analysts have provided ratings for Hubbell (NYSE:HUBB), with a mix of bullish and indifferent outlooks. The average 12-month price target is $408.5, slightly down from the previous $409. Analysts have adjusted their ratings and price targets based on Hubbell's market performance and financial indicators.
September 06, 2024 | 7:00 pm
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NEUTRAL IMPACT
Hubbell has received mixed analyst ratings over the past three months, with a slight decrease in the average price target to $408.5. Analysts have adjusted their ratings based on Hubbell's financial performance, which includes strong net margins and ROE but slower revenue growth compared to peers.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on Hubbell's stock price. While the company shows strong financial metrics like net margin and ROE, its revenue growth lags behind industry peers, leading to varied analyst opinions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100