Eaton Corporation PLC (ETN) Receives ‘Analyst’ Rating

Eaton Corporation PLC (ETN) : The consensus on Eaton Corporation PLC (ETN) based on 16 analyst recommendation on the company stock is 2.72, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 12 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Eaton Corporation PLC (ETN).

Eaton Corporation PLC (ETN) : Currently there are 13 street experts covering Eaton Corporation PLC (ETN) stock. The most bullish and bearish price target for the stock is $73 and $59 respectively for the short term. The average price target of all the analysts comes to $64.77. The estimated standard deviation from the target is $4.9.


Also, KeyBanc downgrades their rating on the shares of Eaton Corporation PLC (NYSE:ETN). The current rating of the shares is Sector Weight. Earlier, the shares were rated a Overweight by the brokerage firm. The rating by the firm was issued on September 9, 2016.

Eaton Corporation PLC (NYSE:ETN): After opening at $62.9, the stock dipped to an intraday low of $62.65 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $63.38 and the buying power remained strong till the end. The stock closed at $63.09 for the day, a gain of 0.17% for the day session. The total traded volume was 2,954,577. The stocks close on the previous trading day was $62.98.

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