Berenberg Bank analyst Andrew Buscaglia maintained a Buy rating on Vontier (VNT – Research Report) on February 24 and set a price target of $43.00. The company’s shares closed last Friday at $24.21, close to its 52-week low of $22.91.
According to TipRanks.com, Buscaglia is ranked #4602 out of 7800 analysts.
Currently, the analyst consensus on Vontier is a Strong Buy with an average price target of $37.34, implying a 56.4% upside from current levels. In a report issued on February 15, Evercore ISI also maintained a Buy rating on the stock with a $39.00 price target.
The company has a one-year high of $37.08 and a one-year low of $22.91. Currently, Vontier has an average volume of 1.65M.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VNT in relation to earlier this year.
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Vontier Corp is an industrial technology company that offers critical technical equipment, components, software and services for manufacturing, repair and servicing in the mobility infrastructure industry. The company offers a wide range of solutions like environmental sensors, fueling equipment, field payment hardware, remote management and workflow software, vehicle tracking and fleet management software solutions for traffic light control and vehicle mechanics’ and technicians’ equipment.
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