Parker-Hannifin Corp (NYSE:PH) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 28, 2016
Having a price of $139.04, Parker-Hannifin Corp (NYSE:PH) traded -1.37% lower on the day. With the last stock price up 14.68% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. PH has recorded a 50-day average of $127.86 and a two hundred day average of $119.57. Trade Volume was down over the average, with 404,369 shares of PH changing hands under the typical 1,135,570
Zacks Investment Research has downgraded Parker-Hannifin Corp (NYSE:PH) to Hold in a statement released on 11/28/2016.
On 11/23/2016, Zacks Investment Research released a statement about Parker-Hannifin Corp (NYSE:PH) upped the target price from $0.00 to $154.00 that suggested an upside of 0.12%.
Recent Performance Chart
Parker-Hannifin Corp has PE ratio of 22.74 with a one year low of $83.32 and a one year high of $140.07 and has a market capitalization of $0.
A total of 15 brokerages have issued a ratings update on the company. 0 analysts rating the company a strong buy, two analysts rating the stock a buy, 18 firms rating the stock a hold, one equity analyst rating the company a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $113.40.
General Information About Parker-Hannifin Corp (NYSE:PH)
Parker-Hannifin Corporation is a manufacturer of motion and control technologies and systems, providing precision engineered solutions for a range of mobile, industrial and aerospace markets. The Company operates through segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial Segment is an aggregation of several business units, which manufacture motion-control and fluid power system components for builders and users of various types of manufacturing, packaging, processing, transportation, agricultural, construction, and military vehicles and equipment. The Diversified Industrial Segment consists of Automation Group, Engineered Materials Group, Filtration Group, Fluid Connectors Group, Hydraulics Group and Instrumentation Group. The Aerospace Systems Segment produces hydraulic, fuel, pneumatic and electro-mechanical systems and components, which are utilized on domestic commercial, military and general aviation aircrafts.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.