Deutsche Bank Keeps a Hold Rating on Parker Hannifin (PH)


In a report released today, Nicole Deblase from Deutsche Bank maintained a Hold rating on Parker Hannifin (NYSE: PH), with a price target of $184. The company’s shares closed yesterday at $186.50.

According to TipRanks.com, Deblase is a 1-star analyst with an average return of -3.2% and a 48.8% success rate. Deblase covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Illinois Tool Works, and Eaton Corporation.

Currently, the analyst consensus on Parker Hannifin is a Moderate Buy with an average price target of $189.17.

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Parker Hannifin’s market cap is currently $24.7B and has a P/E ratio of 23.82. The company has a Price to Book ratio of 4.21.

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is neutral on the stock.

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Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. The firm also provides engineered solutions for mobile, industrial, and aerospace markets. It operates through the Diversified Industrial and Aerospace Systems business segments.

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