Dover Corp (NYSE:DOV) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 21, 2016
Boasting a price of $69.56, Dover Corp (NYSE:DOV) traded 2.26% higher on the day. With the last stock price close up 3.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Dover Corp has recorded a 50-day average of $72.13 and a two hundred day average of $68.43. Volume of trade was down over the average, with 1,190,805 shares of DOV changing hands under the typical 1,234,990
Zacks Investment Research has downgraded Dover Corp (NYSE:DOV) to Sell in a statement released on 9/21/2016.
On 7/18/2016, Barclays Capital released a statement for Dover Corp (NYSE:DOV) bumped up the target price from $65.00 to $71.00 that suggested a downside of -0.03%.
With a total market value of $0, Dover Corp has price-earnings ratio of 20.29 with a one year low of $50.91 and a one year high of $74.90 .
A total of 14 equity analysts have released a ratings update on DOV. Two equity analysts rating the company a strong buy, one equity analyst rating the company a buy, thirteen equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $70.57.
Brief Synopsis 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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