Eaton Corporation PLC (NYSE:ETN) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.62 by 17 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 12 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Bernstein maintains the rating on Eaton Corporation PLC (NYSE:ETN). The brokerage firm has issued a Market Perform rating on the shares. The Analysts at the ratings agency raises the price target from $65 per share to $68 per share. The rating by the firm was issued on May 2, 2016.
Eaton Corporation PLC (NYSE:ETN): 12 analysts have set the short term price target of Eaton Corporation PLC (NYSE:ETN) at $62.42. The standard deviation of short term price target has been estimated at $5.47, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 71 and $54 respectively.
Eaton Corporation PLC (NYSE:ETN) witnessed a decline in the market cap on Tuesday as its shares dropped 0.71% or 0.44 points. After the session commenced at $62.25, the stock reached the higher end at $62.5 while it hit a low of $61.465. With the volume soaring to 1,566,384 shares, the last trade was called at $61.85. The company has a 52-week high of $70.76. The company has a market cap of $28,327 million and there are 458,000,000 shares in outstanding. The 52-week low of the share price is $46.19.
Shares of Eaton Corporation plc rose by 2.33% in the last five trading days and 3.43% for the last 4 weeks. Eaton Corporation plc has dropped 1.59% during the last 3-month period . Year-to-Date the stock performance stands at 21.12%.