The stocks of CARR have been put up with a rating of neutral as reaffirmed by analysts working at Atlantic Securities in a Thursday research report. Currently, the company has a price target of $$5 on the stock, which is indicative of an annual increase of 4% on the current price of the company.
The Stock Commentary Of CARR
There have been quite a few research equities that have commented on the stocks of CARR. Jefferies Financial has already increased the price target of the company from $43 to $50 with a rating of buy in a 15th January research note. The Royal Bank of Canada has also increased the price rating of the company from sector perform to outperform with a price target of $51 in a 31st March research report.
Morgan Stanley has also increased the price target of the company to $57 with a price rating of overweight in a Thursday research report. Cowen has also given the company a rating of “outperform” with a price target of $43 in a 16th March research report.
Five of the investment analysts covering the company have prescribed it with a rating of hold, while thirteen others have given the company a rating of buy. Currently, CARR has a buy rating with a price target set at $43.63.
The stocks of CARR traded on Thursday at $43.27. The year low of the company is $15.43, with a year high of $45.32. The moving average price of the company over a period of 50 days is $42.52, with the moving average price of the company over a period of 200 days is set at $39. The company also enjoys a 1.50 quick ratio along with a 1.80 current ratio- and a 2.16 debt-to-equity ratio.