Barclays analyst Julian Mitchell has updated the price target for Vontier (VNT, Financial), raising it from $45.00 to $48.00. This represents an increase of 6.67% from the previous target price, indicating a positive outlook for the company's stock.
The analyst has maintained an "Overweight" rating for Vontier (VNT, Financial), reflecting continued confidence in the company's performance and growth potential. The stock's current rating aligns with the prior assessment, signaling consistent expectations from Barclays.
The updated price target set by Barclays is significant for investors and stakeholders, as it suggests potential upward movement in Vontier's (VNT, Financial) stock value. The adjustment in the price target reflects the firm's analysis and outlook on the company's future market position.
This revision comes amidst a broader evaluation of market conditions and Vontier's (VNT, Financial) strategic initiatives, emphasizing Barclays' belief in the company's ability to deliver value to its shareholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Vontier Corp (VNT, Financial) is $41.91 with a high estimate of $48.00 and a low estimate of $37.00. The average target implies an upside of 24.25% from the current price of $33.73. More detailed estimate data can be found on the Vontier Corp (VNT) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Vontier Corp's (VNT, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Vontier Corp (VNT, Financial) in one year is $32.30, suggesting a downside of 4.24% from the current price of $33.73. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Vontier Corp (VNT) Summary page.
