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A statement released earlier today by Nomura about Ecolab (NYSE:ECL) raises the target price to $98.00

Boasting a price of $122.77, Ecolab (NYSE:ECL) traded 0.34% lower on the day. The last stock price is up 0.53% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the date range. The company has logged a 50-day average of $121.88 and 200-day average of $116.71. 1,057,306 shares of the stock traded, up from ann average volume of 891,586

Reporting a possible downside of -0.20%, Nomura bumped the price target of Ecolab (NYSE:ECL) to $98

Previously on 8/3/2016, Canaccord Genuity released a statement about Ecolab(NYSE:ECL) bumped the target price from $126.00 to $135.00 that suggested an upside of 0.11%.

Performance Graph:

Ecolab (NYSE:ECL)

A total of 17 brokers have issued a report on Ecolab. Six firms rate the stock a strong buy, six firms rate the company a buy, seven analyts rate the stock a hold, one firm rate the stock to underperform, and finally 0 brokeragesrate the company as sell with an average target of $114.59

Ecolab has a P/E of 37 with a 52 week low of $98.62 and a 52 week high of $124.60 and has a market cap of $0.0.

Brief Synopsis About Ecolab (NYSE:ECL)

Ecolab Inc. provides water, hygiene and energy technologies and services. The Company’s segments include Global Industrial, Global Institutional, Global Energy, Other and Corporate. The Global Industrial segment consists of the Water, Food and Beverage, Paper and Textile Care operating units. The Global Institutional segment consists of the Institutional, Specialty and Healthcare operating units. The Global Energy segment provides on-site and technology-driven solutions to the global drilling, oil and gas production, refining and petrochemical industries. The Other segment consists of the pest elimination and equipment care operating units. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, and textile care and commercial facilities management sectors in approximately 170 countries.

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