RBC Capital analyst Deane Dray maintained a Hold rating on Carrier Global (NYSE:CARR) on Thursday, setting a price target of $42, which is approximately 4.01% above the present share price of $40.38.
Dray expects Carrier Global to post earnings per share (EPS) of $0.86 for the first quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Carrier Global, with an average price target of $42.5.
The analysts price targets range from a high of $50 to a low of $36.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $5 billion and a net profit of $1.02 billion. The company's market cap is $35 billion.
According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 58.35% success rate.
Carrier Global Corp is a provider of HVAC, refrigeration, fire and security solutions. The company's products and services include Residential systems, Commerical systems, Transport Refrigeration, and Commercial Refrigeration. The company generates a majority of its revenue from the HVAC segment. Geographically, the firm has operational footprints in the United States, Europe, Asia Pacific, and others, of which it generates a majority of its revenue from the United States.