Stephens analyst Robert McCarthy maintained a Buy rating on Hubbell B (NYSE:HUBB) on Thursday, setting a price target of $147, which is approximately 7.52% below the present share price of $158.96.
McCarthy expects Hubbell B to post earnings per share (EPS) of $1.97 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in Hubbell B, with an average price target of $178.
The analysts price targets range from a high of $178 to a low of $178.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.11 billion and a net profit of $156.3 million. The company's market cap is $8.62 billion.
According to TipRanks.com, Stephens analyst Robert McCarthy is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.8% and a 79.76% success rate.
Hubbell, Inc. engages in designing, manufacturing and sale of electrical and electronic products for non-residential and residential construction, industrial, and utility applications. It operates though the following segments: Electrical and Power. The Electrical segment manufactures and sells wiring and electrical, lighting fixtures and controls for indoor and outdoor applications as well as specialty lighting and communications products. The Power segment consists of operations that design, manufacture and sale of transmission and distribution components primarily for the electrical utilities industry. The company was founded by Harvey Hubbell II in 1888 and is headquartered in Shelton, CT.