Carrier Global (CARR) Gets a Buy from Stephens

In a report released today, Tommy Moll from Stephens maintained a Buy rating on Carrier Global (CARRResearch Report), with a price target of $55.00. The company’s shares opened today at $44.74.

According to TipRanks, Moll is ranked #5016 out of 8284 analysts.

Carrier Global has an analyst consensus of Moderate Buy, with a price target consensus of $48.71, representing an 8.87% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $51.00 price target.

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CARR market cap is currently $38.59B and has a P/E ratio of 10.85.

Based on the recent corporate insider activity of 20 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 CARR in relation to earlier this year.

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Florida-based Carrier Global Corporation provides HVAC (heating, ventilation, and air conditioning), refrigeration, fire, security, and building automation technologies worldwide. It operates through three segments: HVAC, Refrigeration, and Fire & Security.

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