Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

RBC Capital Stick to Their Hold Rating for Eaton

Published 04/20/2021, 05:06 AM
Updated 04/20/2021, 05:06 AM


RBC Capital analyst Deane Dray maintained a Hold rating on Eaton (NYSE:ETN) on Tuesday, setting a price target of $134, which is approximately 4.82% below the present share price of $140.78.

Dray expects Eaton to post earnings per share (EPS) of $1.19 for the second quarter of 2021.

The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Eaton, with an average price target of $144.08.
The analysts price targets range from a high of $160 to a low of $125.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.69 billion and a net profit of $604 million. The company's market cap is $56.08 billion.

According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.5% and a 61.29% success rate.

Eaton Corporation plc is a diversified power management company. It provides electrical and industrial components, wiring devices, residential, fire detection, lighting products., It also engages in designing and manufacturing power train systems and other components for commercial vehicle markets. The company also provides aerospace fuel, hydraulics and pneumatic systems for military and commercial use.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.