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nVent Electric PLC has a consensus price target of $73.88 based on the ratings of 10 analysts. The high is $92 issued by Citigroup on May 6, 2024. The low is $34 issued by Loop Capital on October 7, 2022. The 3 most-recent analyst ratings were released by RBC Capital, Keybanc, and Barclays on November 4, 2024, October 14, 2024, and October 2, 2024, respectively. With an average price target of $83.33 between RBC Capital, Keybanc, and Barclays, there's an implied 14.44% upside for nVent Electric PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for nVent Electric (NYSE:NVT) was reported by RBC Capital on November 4, 2024. The analyst firm set a price target for $80.00 expecting NVT to rise to within 12 months (a possible 9.86% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for nVent Electric (NYSE:NVT) was provided by RBC Capital, and nVent Electric maintained their outperform rating.
The last upgrade for nVent Electric PLC happened on September 4, 2024 when Keybanc raised their price target to $80. Keybanc previously had a sector weight for nVent Electric PLC.
The last downgrade for nVent Electric PLC happened on December 13, 2022 when Keybanc changed their price target from N/A to N/A for nVent Electric PLC.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of nVent Electric, 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 nVent Electric was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest nVent Electric (NVT) rating was a maintained with a price target of $82.00 to $80.00. The current price nVent Electric (NVT) is trading at is $72.82, which is out of the analyst’s predicted range.
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