# ITT Inc. – Consensus ‘buy’ rating and 10.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/itt-inc.consensus-buy-rating-and-10.6-upside-potential/4121127620
- Published: 2023-09-19T14:06:12+01:00
- Author: Charlotte Edwards

**ITT Inc.** which can be found using ticker (ITT) have now 10 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between 120 and 81 and has a mean target at $109.90. Now with the
previous closing price of $99.39 and the analysts are correct then we can expect
a percentage increase in value of 10.6%. There is a 50 day moving average of $98.80
and the 200 day MA is $88.74. The company has a market capitalization of 8.11B. 
The current share price for the company is: 98.83 USD

 The potential market cap would be $8,971,952,310 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 19.3, revenue per share of 38.23
and a 8.71% return on assets.

ITT Inc. is a manufacturer of engineered critical components and customized technology
solutions for the transportation, industrial and energy markets. The Company operates
through three segments: Motion Technologies (MT), Industrial Process (IP), and Connect&
Control Technologies (CCT). The MT segment is a manufacturer of brake pads, shims,
shock absorbers, energy absorption components, and sealing technologies primarily
for the transportation industry, including passenger cars and trucks, light- and
heavy-duty commercial and military vehicles, buses, and rail. The IP segment is 
an original equipment manufacturer (OEM) and an aftermarket parts and service provider
offering portfolio of industrial pumps, valves, and plant optimization and remote
monitoring systems and services. The CCT segment designs and manufactures a range
of engineered connectors and specialized products for various markets, including
aerospace and defense, industrial, transportation, medical, and oil and gas.

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