Stifel disclosed Parker-Hannifin (NYSE:PH), boosting its price target to $141.00 earlier today
- Updated: October 4, 2016
Having a price of $123.65, Parker-Hannifin (NYSE:PH) traded -0.84% lower on the day. With the last stock price up 7.05% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. PH has recorded a 50-day average of $123.23 and a two hundred day average of $115.50. Trade Volume was up over the average, with 3,124,848 shares of PH changing hands over the typical 982,849
Reporting a potential upside of 0.14%, Stifel upped the price target of Parker-Hannifin (NYSE:PH) to $141.00
On 10/04/2016, Zacks Investment Research released a statement about Parker-Hannifin (NYSE:PH) upped the target price from $0.00 to $140.00 that suggested an upside of 0.14%.
Recent Performance Chart
Parker-Hannifin has PE ratio of 20.99 with a one year low of $83.32 and a one year high of $126.59 and has a market capitalization of $0.
A total of 15 brokerages have issued a ratings update on Parker-Hannifin. zero brokerages rating the company a strong buy, two brokerages rating the company a buy, eighteen brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $113.40.
General Company Details For Parker-Hannifin (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.
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