Ecolab Given Consensus Recommendation of “Buy” by Analysts (NYSE:ECL)

Share on StockTwits

Ecolab (NYSE:ECL) has received a consensus rating of “Buy” from the ten ratings firms that are covering the stock, American Banking News reports. Three analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $119.60.

Several analysts have recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Ecolab from $123.00 to $128.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Oppenheimer raised their price target on shares of Ecolab from $113.00 to $129.00 in a research note on Tuesday, June 3rd. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Ecolab in a research note on Tuesday, April 29th. They now have a $110.00 price target on the stock.

Shares of Ecolab (NYSE:ECL) opened at 109.59 on Friday. Ecolab has a 1-year low of $89.95 and a 1-year high of $112.27. The stock’s 50-day moving average is $109.1 and its 200-day moving average is $106.1. The company has a market cap of $32.899 billion and a P/E ratio of 33.90.

Ecolab (NYSE:ECL) last issued its quarterly earnings data on Monday, April 28th. The company reported $0.74 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.74. The company had revenue of $3.34 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the previous year, the company posted $0.60 earnings per share. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. Analysts expect that Ecolab will post $4.18 EPS for the current fiscal year.

Ecolab Inc (NYSE:ECL) develops and markets products and services for the hospitality, foodservice, healthcare and industrial markets.

Receive News & Ratings for Ecolab Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecolab Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.

Latest News

Washington Real Estate Investment Trust Given Consensus Rating of “Hold” by Brokerages
Washington Real Estate Investment Trust Given Consensus Rating of “Hold” by Brokerages
Qunar Cayman Islands Receives Consensus Rating of “Buy” from Analysts
Qunar Cayman Islands Receives Consensus Rating of “Buy” from Analysts
Neurocrine Biosciences Given Average Rating of “Buy” by Brokerages
Neurocrine Biosciences Given Average Rating of “Buy” by Brokerages
Astoria Financial Corp Given Consensus Recommendation of “Hold” by Analysts
Astoria Financial Corp Given Consensus Recommendation of “Hold” by Analysts
KBR Receives Average Recommendation of “Buy” from Analysts
KBR Receives Average Recommendation of “Buy” from Analysts
Vanguard Natural Resources Given Consensus Recommendation of “Hold” by Analysts
Vanguard Natural Resources Given Consensus Recommendation of “Hold” by Analysts


Leave a Reply

 
Advertisement
Advertisement
© 2006-2014 Mideast Time.