Barclays Capital cut shares of Hubbell (NASDAQ:HUB-B) to an equal weight rating in a research report sent to investors on Thursday morning, AnalystRatingsNetwork.com reports.
Barclays Capital has also updated their ratings on a number of other consumer goods stocks in the last week. The firm raised its price target on shares of Ferrellgas Partners from $19.00 to $20.00. They have an underweight rating on that stock. Also, Barclays Capital upgraded shares of TOTAL S.A. from an underweight rating to an equal weight rating.
Hubbell (NASDAQ:HUB-B) traded up 0.07% on Thursday, hitting $104.40. The stock had a trading volume of 23,047 shares. Hubbell has a one year low of $78.14 and a one year high of $113.09. The stock’s 50-day moving average is $104.7 and its 200-day moving average is $100.5. The company has a market cap of $6.192 billion and a price-to-earnings ratio of 20.34.
Separately, analysts at DA Davidson downgraded shares of Hubbell (NASDAQ:HUB-B) to a neutral rating in a research note to investors on Monday, July 15th.
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