Eaton Corporation PLC (ETN) has risen sharply, recording gains of 6.17% in the past 4 weeks. However, the stock has corrected -0.5% in the past 1 week, providing a good buying opportunity on dips. Eaton Corporation PLC (ETN) : Traders are bullish on Eaton Corporation PLC (ETN) as it has outperformed the S&P 500 by a wide margin of 6.39% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.15%, relative to the S&P 500.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.63% and the fifty day Moving Average is 6.55%. Eaton Corporation plc is up 10.21% in the last three month period. Year-to-Date the stock performance stands at 33.02%.
Eaton Corporation PLC (ETN) : The most positive equity analysts on Eaton Corporation PLC (ETN) expects the shares to touch $73, whereas, the least positive believes that the stock will trade at $59 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $64 with an expected fluctuation of $4.59 from the mean.
Eaton Corporation PLC (NYSE:ETN): On Fridays trading session , Opening price of the stock was $67.67 with an intraday high of $68.2. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $67.06. However, the stock managed to close at $67.32, a loss of 0.10% for the day. On the previous day, the stock had closed at $67.39. The total traded volume of the day was 1,509,493 shares.