What's Going Wrong With the HVAC Sector?
Following a strong rise in the past year, Ingersoll-Rand PLC's (NYSE: IR) stock has corrected in recent weeks alongside competitors in the heating, ventilation, and air conditioning (HVAC) space such as United Technologies Corporation (NYSE: UTX) and Lennox International Inc. (NYSE: LII). Clearly, something about the HVAC sector has spooked the market, so let's take a look at the underlying dynamics in all three companies' earnings, and specifically Ingersoll-Rand as an investment proposition. Is it a structural problem that's set to last or merely a temporary issue?
Source: Fool.com
Raytheon Technologies Corp. Stock
€105.66
1.110%
Our community is currently high on Raytheon Technologies Corp. with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 107 € shows a slightly positive potential of 1.27% compared to the current price of 105.66 € for Raytheon Technologies Corp..
