Stifel Nicolaus analyst Nathan Jones reiterated a Hold rating on Donaldson Company (NYSE: DCI) yesterday and set a price target of $54. The company’s shares closed yesterday at $53.77, close to its 52-week high of $53.88.
According to TipRanks.com, Jones is a 4-star analyst with an average return of 8.5% and a 62.5% success rate. Jones covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Illinois Tool Works, and Parker Hannifin.
The word on The Street in general, suggests a Hold analyst consensus rating for Donaldson Company with a $54 average price target, a 0.4% upside from current levels. In a report released yesterday, Oppenheimer also assigned a Hold rating to the stock.
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Donaldson Company’s market cap is currently $6.5B and has a P/E ratio of 49.11. The company has a Price to Book ratio of 8.33.
Based on the recent corporate insider activity of 113 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2018, Michael J. Hoffman, a Director at DCI sold 14,400 shares for a total of $643,680.
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Donaldson Co., Inc. engages in the manufacture of filtration systems and replacement parts. Its product mix includes air and liquid filtration systems and exhaust and emission control products. It operates through the Engine Products and Industrial Products segments.
