RBC Capital analyst Deane Dray maintained a Hold rating on Carrier Global (NYSE:CARR) on Thursday, setting a price target of $43, which is approximately 5.11% above the present share price of $40.91.
Dray expects Carrier Global to post earnings per share (EPS) of $1.02 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Carrier Global, with an average price target of $44.8.
The analysts price targets range from a high of $50 to a low of $41.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.59 billion and a net profit of $180 million. The company's market cap is $35.56 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 10.0% and a 58.65% success rate.
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.