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Mizuho raises its price target on Vertiv (NYSE:VRT) to $13.00.

Mizuho raises its price target on Vertiv (NYSE:VRT) to $13.00.

According to The Fly, stock analysts at Mizuho raised their price objective for Vertiv (NYSE: VRT) in a Friday research note given to investors. The new price objective is $13.00, an increase from the previous price objective of $10.00. For Mizuho to reach the price objective it has set for itself, the stock price would have to decrease by 13.22% relative to where it is currently trading.

Various other research institutions have recently offered their viewpoints about VRT. In a report released on Thursday, October 27, Cowen increased their price objective for Vertiv from $11.75 to $20.00 and upgraded the company from “market perform” to “outperform.” In a report distributed on Thursday, October 27, Cowen raised their price target for Vertiv from $11.75 to $20.00 and upgraded their rating for the company’s performance from “market perform” to “outperform.” Wolfe Research upgraded Vertiv from a “market perform” rating to an “outperform” rating and set a target price of $18.00 for the company in a study published on December 1. TheStreet upgraded Vertiv from a “D” rating to a “C” grade in a report that was published on September 15. Previously, the company had received a “D” rating. In a report made public on Tuesday, November 1, Goldman Sachs Group announced that it had increased its price objective for Vertiv to $16.00. The agenda was complete, and this was the final and most important item. There has been one research analyst who suggested selling the stock, two research analysts who gave the stock a rating of “hold,” and seven research analysts who gave the stock a rating of “buy.” The information discovered on Bloomberg.com suggests that the company is currently rated as having an average recommendation of “Moderate Buy” and has a target price of $17.00.

When trading started on Friday, the price of a share of VRT was $14.98 per share. The company has a price-to-earnings ratio (P/E) of -249.63, a market capitalization of $5.65 billion, a beta value of 1.51, and a P/E growth rate of 0.83. The current trading price of the company’s stock is $13.85 higher than its 50-day simple moving average and $12.28 lower than its 200-day simple moving average. Vertiv reached an all-time high price of $24.19 during this period, while the company’s all-time low price was $7.76. There is a debt-to-equity ratio of 2.54, a ratio of 1.62 for the current ratio, and a ratio of 1.18 for the quick ratio. All of these ratios are in the same range.

The most recent quarterly results report for Vertiv (NYSE: VRT) was presented on Wednesday, October 26, a day in October. The company’s earnings per share for the quarter came in at $0.23, which is $0.02 more than the consensus estimate of $0.21 that analysts made. In other words, the company beat expectations by $0.02. The sales for the company during the period came in at $1.48 billion, a sizeable increase from the $1.47 billion that analysts anticipated would be for the period. The return on equity for Vertiv was 7.92 percent, and the net margin for the company was 1.32 percent. Following the stock market, analysts have projected that Vertiv will generate profits of $0.58 per share for the current fiscal year.

In related news, on November 3, Company Director Joseph J. Deangelo purchased 71,600 shares of the company’s stock. This is just one of the latest developments in this ongoing story. The price paid for each share was $13.99 on average, which brought the total cost of the purchase of the shares to a total of $1,001,684.00. Following the conclusion of the transaction, the director obtained direct ownership of 71,600 shares of the company’s stock. The total value of these shares is approximately $1,001,684, and the director now has direct ownership of these shares. The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed entirely by following the link provided in the previous sentence. The documentation was provided to the SEC. At present, corporate insiders have 9.5% of the total number of shares of stock held by the company.

Hedge funds have been adjusting late to the distribution of stock holdings in their portfolios. During the third quarter, Barrow Hanley Mewhinney & Strauss LLC made a 4.9% purchase of additional Vertiv stock, bringing the total amount of the company’s ownership in that company’s shares to 98.4%. As a result of the purchase of 1,598,083 shares during the most recent quarter, Barrow Hanley Mewhinney & Strauss LLC now directly owns 34,474,177 shares of the company’s stock. Based on the stock’s current price, this gives the company a value of $335,089,000. These shares were estimated to be worth $335,089,000 in total. During the third quarter, Vanguard Group Inc. increased the amount of Vertiv stock owned by 0.6%, bringing the total to 100%. Vanguard Group Inc. now holds 26,812,702 shares of the company’s stock, which has a market value of $260,619,000 following purchasing of an additional 157,038 shares during the most recent fiscal quarter. The staggering increase in ownership resulted from UBS Group AG’s activities during the third quarter of the fiscal year. Currently, UBS Group AG is the owner of 19,199,629 shares of the company holdings that are held in their portfolios. During the third quarter, Barrow Hanley Mewhinney & Strauss LLC made a 4.9% purchase of additional Vertiv stock, bringing the total amount of the company’s ownership in that company’s shares to 98.4%. As a result of the purchase of 1,598,083 shares during the most recent quarter, Barrow Hanley Mewhinney & Strauss LLC now directly owns 34,474,177 shares of the company’s stock. Based on the stock’s current price, this gives the company a value of $335,089,000. These shares were estimated to be worth $335,089,000 in total. During the third quarter, Vanguard Group Inc. increased the amount of Vertiv stock owned by 0.6%, bringing the total to 100%. Vanguard Group Inc. now holds 26,812,702 shares of the company’s stock, which has a market value of $260,619,000, following purchasing of an additional 157,038 shares during the most recent fiscal quarter. The staggering increase in ownership resulted from UBS Group AG’s activities during the third quarter of the fiscal year. As of right now, UBS Group AG is the owner of 19,199,629 shares of the company. During the most recent period of the fiscal year, the price at which these shares were acquired was $8,208,427. BlackRock Inc. increased the proportion of Vertiv stock owned by 32.8% during the first three months of 2018. BlackRock Inc. now holds 18,988,356 shares of the company’s stock following the acquisition of an additional 4,693,256 shares during the most recent quarter. The

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