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nVent Electric has an analyst consensus of Moderate Buy, with a price target consensus of $64.67.
Based on nVent Electric’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $803 million and a net profit of $112.9 million. In comparison, last year the company earned a revenue of $727.5 million and had a net profit of $79.9 million
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nVent Electric Plc engages in the provision of electrical connection and protection solutions. It operates through the following segments: Enclosures, Thermal Management, and Electrical & Fastening Solutions. The Enclosures segment offers solutions that protect, connect, and manage heat in critical electronics, communication, control, and power equipment. The Thermal Management segment includes electric thermal solutions that connect and protect critical buildings, infrastructure, industrial processes, and people. The Electrical & Fastening Solution segment consists of fastening solutions that connect and protect electrical and mechanical systems and civil structures. The company was founded on May 30, 2017 and is headquartered in London, the United Kingdom.
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