Robert W. Baird Begins Coverage on Vontier (NYSE:VNT)

Robert W. Baird started coverage on shares of Vontier (NYSE:VNT) in a report released on Monday, The Fly reports. The brokerage issued an outperform rating and a $38.00 price target on the stock.

VNT has been the subject of a number of other research reports. Vertical Research began coverage on shares of Vontier in a research note on Monday, October 12th. They issued a hold rating for the company. Vertical Group initiated coverage on shares of Vontier in a report on Monday, October 12th. They issued a hold rating for the company. Credit Suisse Group initiated coverage on shares of Vontier in a report on Friday, October 16th. They issued an outperform rating and a $43.00 price objective for the company. Barclays restated a buy rating and issued a $40.00 price objective on shares of Vontier in a report on Thursday, October 15th. Finally, Wolfe Research initiated coverage on shares of Vontier in a report on Thursday, October 15th. They issued an outperform rating and a $40.00 price objective for the company. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of $40.20.

VNT stock opened at $28.28 on Monday. Vontier has a one year low of $26.36 and a one year high of $39.00.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.80 EPS for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.10. The company had revenue of $746.70 million during the quarter, compared to analysts’ expectations of $745.55 million. Vontier’s revenue was up 714.5% on a year-over-year basis.

About Vontier

Vontier Corporation engages in the research and development, manufacture, sale, and distribution of critical technical equipment, components, software, and services for manufacturing, repair and servicing in the mobility infrastructure industry worldwide. The company offers environmental sensors, fueling equipment, field payment hardware, remote management and workflow software, and vehicle tracking and fleet management software solutions for traffic light control and vehicle mechanics' and technicians' equipment.

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