Oppenheimer analyst Bryan Blair maintained a Buy rating on ITT (NYSE:ITT) Corp on Friday, setting a price target of $65, which is approximately 17.21% below the present share price of $78.51.
Blair expects ITT Corp to post earnings per share (EPS) of -$0.54 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in ITT, with an average price target of $87.6.
The analysts price targets range from a high of $100 to a low of $81.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $591.2 million and a net profit of -$51 million. The company's market cap is $6.78 billion.
According to TipRanks.com, Oppenheimer analyst Bryan Blair is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 18.2% and a 67.80% success rate.
ITT, Inc. engages in the manufacture and sale of engineered components and customized technology solutions in the field of energy, transportation, and industrial markets. It operates through the following segments: Motion Technologies, Industrial Process, and Connect and Control Technologies. The Motion Technologies segment manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation. The Industrial Process segment includes engineered fluid process equipment in areas such as chemical, oil and gas, mining, and other industrial process markets as well as providing of plant optimization and efficiency solutions and aftermarket services and parts. The Connect and Control Technologies segment offers harsh-environment connector solutions and critical energy absorption and flow control components for the aerospace and defense, general industrial, medical, and oil and gas markets. The company was founded in 1920 and is headquartered in White Plains, NY.