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Hubbell Inc has a consensus price target of $405.77 based on the ratings of 14 analysts. The high is $535 issued by Bernstein on November 5, 2024. The low is $225 issued by Wells Fargo on February 1, 2023. The 3 most-recent analyst ratings were released by Barclays, Deutsche Bank, and Bernstein on December 5, 2024, November 26, 2024, and November 5, 2024, respectively. With an average price target of $494.33 between Barclays, Deutsche Bank, and Bernstein, there's an implied 15.82% upside for Hubbell Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hubbell (NYSE:HUBB) was reported by Barclays on December 5, 2024. The analyst firm set a price target for $475.00 expecting HUBB to rise to within 12 months (a possible 11.29% upside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Hubbell (NYSE:HUBB) was provided by Barclays, and Hubbell maintained their equal-weight rating.
The last upgrade for Hubbell Inc happened on September 6, 2024 when Deutsche Bank raised their price target to $441. Deutsche Bank previously had a hold for Hubbell Inc.
The last downgrade for Hubbell Inc happened on November 26, 2024 when Deutsche Bank changed their price target from $493 to $473 for Hubbell Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hubbell, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hubbell was filed on December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.
While ratings are subjective and will change, the latest Hubbell (HUBB) rating was a maintained with a price target of $402.00 to $475.00. The current price Hubbell (HUBB) is trading at is $426.80, which is within the analyst’s predicted range.
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