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Barnes Group Inc. (NYSE:B) gets downgraded to Neutral by UBS Group

Analyst Ratings For Barnes Group Inc. (NYSE:B)

Today, Barnes Group Inc. (NYSE:B) stock was downgraded by UBS Group from Buy to Neutral.

There are 4 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Barnes Group Inc. (NYSE:B) is Hold with a consensus target price of $71.40 per share, a potential 18.43% upside.

Some recent analyst ratings include

About Barnes Group Inc. (NYSE:B)
Barnes Group Inc. operates as an industrial and aerospace manufacturer, and service provider in the United States and internationally. Its Industrial segment offers precision components, products, and systems for applications serving various customers in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy. This segment also manufactures and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings; force and motion solutions for sheet metal forming, heavy duty suspension, and other markets; and hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold for injection molding applications. The company's Aerospace segment produces fabricated and precision-machined components and assemblies for original equipment manufacturer turbine engine, airframe, and industrial gas turbine builders, as well as for the military. It also offers maintenance, repair, and overhaul services for jet engine components to turbine engine manufacturers, commercial airlines, and the military. In addition, this segment manufactures aerospace aftermarket spare parts. The company sells its products primarily through its direct sales force and distribution channels. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

Recent Trading Activity for Barnes Group Inc. (NYSE:B)
Shares of Barnes Group Inc. closed the previous trading session at 60,29 −0,43 0,71 % with 59.98 shares trading hands.

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