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Zacks Investment Research issued a report on Dover Corp (NYSE:DOV), stepping up its target to $81.00 earlier today

Only yesterday Dover Corp (NYSE:DOV) traded 1.89% higher at $73.86. DOV’s 50-day average is $71.70 and its 200-day moving average is $68.99. With the last closing price up 7.23% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was down over the average, with 412,218 shares of DOV changing hands under the typical 1,230,650

Indicating a possible upside of 0.10%, Zacks Investment Research increased the stock price target of Dover Corp (NYSE:DOV) to $81.00

Performance Chart

Dover Corp (NYSE:DOV)

With a total market value of $0, 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 .

A total of 14 brokers have reported on the stock. Two analysts rating the company a strong buy, one equity analyst rating the company a buy, 13 brokerages rating the company a hold, two analysts rating the stock a underperform, and finally 0 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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