Oppenheimer Sticks to Its Buy Rating for Nordson Corp (NDSN)


Oppenheimer analyst Christopher Glynn maintained a Buy rating on Nordson Corp (NDSN) yesterday. The company’s shares closed yesterday at $138.82.

According to TipRanks.com, Glynn is a 5-star analyst with an average return of 6.8% and a 61.0% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Roper Technologies.

The word on The Street in general, suggests a Hold analyst consensus rating for Nordson Corp with a $125 average price target.

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Nordson Corp’s market cap is currently $8.06B and has a P/E ratio of 21.66. The company has a Price to Book ratio of 5.55.

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. Last month, Gregory Thaxton, the EVP, CFO of NDSN sold 11,250 shares for a total of $1,318,725.

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.

Nordson Corp. engages in the engineering, manufacture and market of products and systems used for adhesives, coatings, sealants, biomaterials and other materials. It operates through three segments: Adhesive Dispensing, Advanced Technology, and Industrial Coating Systems.

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