Dover Corp (NYSE:DOV) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 6, 2016
Having a price of $73.50, Dover Corp (NYSE:DOV) traded 1.89% higher on the day. With the last stock price up 7.23% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. DOV has recorded a 50-day average of $71.70 and a two hundred day average of $68.99. Trade Volume was down over the average, with 412,218 shares of DOV changing hands under the typical 1,230,650
Zacks Investment Research has downgraded Dover Corp (NYSE:DOV) to Hold in a statement released on 10/06/2016.
On Wednesday October 05, 2016, Zacks Investment Research released a statement about Dover Corp (NYSE:DOV) upped the target price from $0.00 to $81.00 that suggested an upside of 0.10%.
Recent Performance Chart
Dover Corp has price-earnings ratio of 21.28 with a one year low of $50.91 and a one year high of $74.90 and has a total market value of $0.
A total of 14 analysts have released a report on Dover Corp. Two analysts rating the company a strong buy, one analyst rating the company a buy, thirteen analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $70.57.
More About Dover Corp (NYSE:DOV)
Dover Corporation (Dover) is engaged in the manufacturing of equipment, components and specialty systems. The Company also provides supporting engineering, testing and other services. The Company operates through four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment provides solutions and services for production and processing of fuels across the world. Its Fluids segment is focused on the handling of critical fluids across the retail fueling, chemical, hygienic, oil and gas, and industrial markets. Dover's Engineered Systems segment is focused on the design, manufacture and service of critical equipment and components. Its Refrigeration & Food Equipment segment provides equipment and systems serving the commercial refrigeration and food service markets. The Company's businesses are based in the United States and Europe with manufacturing and other operations across the world.
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