According to Fintel, Deutsche Bank has decided to maintain its coverage of Vertiv Holdings Co – (NYSE:VRT) with a Buy recommendation.
The average one-year price target for Vertiv Holdings Co – is $40.70, with a range of $32.32 to $51.45. This represents a potential increase of 5.87% from its current closing price of $38.44.
For more information, you can check the leaderboard of companies with the largest price target upside.
The projected annual revenue for Vertiv Holdings Co – is $6,097 million, which is a decrease of 4.60%. The projected annual non-GAAP EPS is $1.11.
Deutsche Bank also reported that there are currently 659 funds or institutions reporting positions in Vertiv Holdings Co -, which is an increase of 74 owners or 12.65% in the last quarter. The average portfolio weight of all funds dedicated to VRT is 0.58%, which is an increase of 43.27%. Total shares owned by institutions have increased by 0.81% in the last three months to 390,807K shares.
The put/call ratio of VRT is 0.59, indicating a bullish outlook.
As for other shareholders, Platinum Equity Advisors holds 37,955K shares representing 9.97% ownership of the company, with no change in the last quarter. Barrow Hanley Mewhinney & Strauss holds 31,201K shares representing 8.20% ownership of the company. In its prior filing, the firm reported owning 32,138K shares, which is a decrease of 3.00%. The firm increased its portfolio allocation in VRT by 88.30% over the last quarter. Starboard Value holds 15,945K shares representing 4.19% ownership of the company. In its prior filing, the firm reported owning 16,819K shares, which is a decrease of 5.48%. The firm increased its portfolio allocation in VRT by 75.98% over the last quarter. Invesco holds 9,816K shares representing 2.58% ownership of the company. In its prior filing, the firm reported owning 12,621K shares, which is a decrease of 28.58%. The firm increased its portfolio allocation in VRT by 1,266.78% over the last quarter. VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 9,436K shares representing 2.48% ownership of the company. In its prior filing, the firm reported owning 9,346K shares, which is an increase of 0.95%. The firm increased its portfolio allocation in VRT by 61.24% over the last quarter.
Vertiv brings together hardware, software, analytics, and ongoing services to ensure its customers’ vital applications run continuously, perform optimally, and grow with their business needs. Headquartered in Columbus, Ohio, USA, Vertiv employs approximately 20,000 people and does business in more than 130 countries.
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