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Barclays Capital disclosed Ecolab (NYSE:ECL), hiking its stock price target to $135.00 earlier today

In a statement issued on Wednesday August 3 2016 Barclays Capital increased the target price of Ecolab (NYSE:ECL) from $120 to $135 reporting a possible upside of 0.10%.

Previously on 7/15/2016, Citigroup released a statement about Ecolab(NYSE:ECL) upped the target price from $117.00 to $127.00. At the time, this suggested an upside of 0.05%.

Only yesterday Ecolab (NYSE:ECL) traded 0.34% lower at $122.81. ECL’s 50-day average is $121.88 and its 200-day average is $116.71. The last close is up 0.53% from the two hundred day moving average, compared to the S&P 500 which has fallen -0.01% over the same time. Trade volume was was up over the average, with 1,057,306 shares of ECL changing hands over the typical 891,586 shares..

Performance Chart:

Ecolab (NYSE:ECL)

Ecolab has a price-earnings of 37 with a 52 week low of $98.62 and a one-year high of $124.60. The company’s market cap is currently $0.0.

In addition to Barclays Capital reporting it’s stock price target, a total of 17 brokerages have released a ratings update on the company. The average target is $114.59 with six firms rating the stock a strong buy, six analysts rating the stock a buy, seven analyts rating the stock a hold, one brokerage rating the company to underperform, and finally 0 analystsrating the company as sell.

General Company Details For 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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