Jefferies analyst Stephen Volkmann maintained a Buy rating on Carrier Global (CARR – Research Report) on July 28 and set a price target of $47.00. The company’s shares closed last Friday at $40.53.
According to TipRanks.com, Volkmann is a 5-star analyst with an average return of 17.9% and a 63.0% success rate. Volkmann covers the Industrial Goods sector, focusing on stocks such as Lennox International, Illinois Tool Works, and Trane Technologies.
Carrier Global has an analyst consensus of Moderate Buy, with a price target consensus of $43.15, an 8.6% upside from current levels. In a report issued on July 13, RBC Capital also maintained a Buy rating on the stock with a $46.00 price target.
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Carrier Global’s market cap is currently $34.38B and has a P/E ratio of 12.94.
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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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