Oppenheimer Assigns a Hold Rating on Ecolab Inc (ECL)


Oppenheimer analyst Scott Schneeberger assigned a Hold rating to Ecolab Inc (ECL) today. The company’s shares opened today at $165, close to its 52-week high of $168.32.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 7.8% and a 63.2% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service Corp International, General Finance, and XPO Logistics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ecolab Inc with a $180 average price target, which is a 9.1% upside from current levels. In a report issued on February 5, Nomura also maintained a Hold rating on the stock with a $150 price target.

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The company has a one-year high of $168.32 and a one-year low of $127.23. Currently, Ecolab Inc has an average volume of 1.12M.

Based on the recent corporate insider activity of 128 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, John Zillmer, a Director at ECL bought 5,200 shares for a total of $200,824.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Ecolab, Inc. engages in the provision of products and services in the field of water, hygiene, and energy. It operates through the following segments: Global Industrial, Global Institutional, Global Energy, and Other.

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