nVent Electric Strikes $975 Million Deal To Power Up Infrastructure: Details
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2025
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Source: Benzinga
Acquisition Announcement: nVent Electric plc is set to acquire the Electrical Products Group of Avail Infrastructure Solutions for $975 million, which is expected to enhance its offerings and capabilities in infrastructure solutions.
Market Reaction: Following the announcement, nVent's shares dropped 2.81% to $53.52 in premarket trading, with the acquisition anticipated to be accretive to earnings in the first year post-completion.
Analyst Views on SAEF
Wall Street analysts forecast SAEF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SAEF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 29.200
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Current: 29.200
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
