Barclays raises nVent Electric price target to $95.00 and assigns an overweight rating.

Barclays raised its price target for nVent Electric (NYSE:NVT) from $85.00 to $95.00, assigning an overweight rating to the stock. Seven analysts covering the company have given it a "Moderate Buy" consensus recommendation, with an average 12-month price target of $89.00. Other firms, including Deutsche Bank, Royal Bank of Canada, and Citigroup, have also published reports on NVT.