UBS Reiterates Buy Rating on nVent Electric (NVT) on Deal With Maverick Power

UBS analyst Neal Burk reiterated a Buy rating and $225.00 price target on nVent Electric (NYSE: NVT).

The analyst commented, "NVENT announced a deal to acquire Texas-based Maverick Power for $1.75 billion. The deal brings additional power distribution and infrastructure exposure (including data centers) which we view as a positive. At 11.5x 2026 anticipated EBITDA we think this is an attractive deal valuation, given the favorable end market exposure and our estimate of ~6% EPS accretion on 2026 numbers."

For an analyst ratings summary and ratings history on nVent Electric click here. For more ratings news on nVent Electric click here.

Shares of nVent Electric closed at $153.35 yesterday.

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