Eaton Corporation PLC Reaches New 12-Month High at $77.12 (ETN)
Eaton Corporation PLC (NYSE:ETN)’s share price reached a new 52-week high during trading hours on Thursday, Analyst Ratings Network.com reports. The company traded as high as $77.12 and last traded at $76.45, with a volume of 1,676,277 shares traded. The stock had previously closed at $76.44.
Several analysts have recently commented on the stock. Analysts at Robert W. Baird raised their price target on shares of Eaton Corporation PLC from $79.00 to $85.00 in a research note to investors on Tuesday, January 7th. Separately, analysts at Atlantic Securities upgraded shares of Eaton Corporation PLC from a “neutral” rating to an “overweight” rating in a research note to investors on Monday, December 16th. They now have a $89.00 price target on the stock, up previously from $79.00. Finally, analysts at MKM Partners raised their price target on shares of Eaton Corporation PLC from $75.00 to $81.00 in a research note to investors on Friday, December 13th. They now have a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $77.05.
Eaton Corporation PLC has a 52 week low of $55.28 and a 52 week high of $77.00. The stock’s 50-day moving average is $74.03 and its 200-day moving average is $69.61. The company has a market cap of $36.235 billion and a P/E ratio of 22.23.
Eaton Corporation (NYSE:ETN) is a diversified power management company.
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