In a report released yesterday, Joe O’Dea from Wells Fargo maintained a Hold rating on Carrier Global (CARR – Research Report), with a price target of $66.00. The company’s shares closed last Friday at $65.23.
According to TipRanks, O’Dea is a 4-star analyst with an average return of 8.1% and a 59.53% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Eaton, Johnson Controls, and Lennox International.
The word on The Street in general, suggests a Hold analyst consensus rating for Carrier Global with a $64.73 average price target.
CARR market cap is currently $58.77B and has a P/E ratio of 45.36.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CARR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Carrier Global (CARR) Company Description:
Florida-based Carrier Global Corporation provides HVAC (heating, ventilation, and air conditioning), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security.
Read More on CARR:
- Carrier Global Enhances Liquidity with New Credit Facility
- Carrier Global price target raised to $64 from $60 at Baird
- Carrier Global price target raised to $70 from $66 at TD Cowen
- Carrier Global (CARR) Unveils Dividend Details for Q2: Mark Your Calendar!
- Carrier Global price target raised to $79 from $78 at Barclays
