Pentair Gets a Hold Rating from Oppenheimer


In a report released yesterday, Jim Giannakouros from Oppenheimer assigned a Hold rating to Pentair (NYSE: PNR). The company’s shares closed yesterday at $46.50.

According to TipRanks.com, Giannakouros is a 4-star analyst with an average return of 6.2% and a 57.2% success rate. Giannakouros covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Watts Water Technologies, and Carlisle Companies Inc.

Currently, the analyst consensus on Pentair is Hold and the average price target is $52.88, representing a 13.7% upside.

In a report issued on May 17, KeyBanc also downgraded the stock to Hold.

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The company has a one-year high of $50.26 and a one-year low of $39.71. Currently, Pentair has an average volume of 1.43M.

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Pentair Plc is a diversified industrial manufacturing company, which engages in the business of industrial manufacturing. It specializes in equipment protection to water, fluid, and in thermal management. It operates through the Water and Electrical segments.

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