Donaldson Company (NYSE:DCI): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $33.33 in Donaldson Company (NYSE:DCI). However, the stock price could fluctuate by $ 4.63 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $41 price target with the lower price estimate is calculated at $28
Many analysts have stated their opinion on the company shares. CL King initiates coverage on Donaldson Company (NYSE:DCI). In the latest research report, CL King announces the target price to $41 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 8, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Hoffman Michael J, director of Donaldson Co Inc, had unloaded 14,400 shares at an average price of $36.52 in a transaction dated on June 7, 2016. The total value of the transaction was worth $525,888.
Donaldson Company (NYSE:DCI) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.42 points or 1.18% at $35.29 with 819,426 shares getting traded. Post opening the session at $35.62, the shares hit an intraday low of $35.27 and an intraday high of $35.67 and the price was in this range throughout the day. The company has a market cap of $4,698 million and the number of outstanding shares have been calculated to be 133,127,261 shares. The 52-week high of Donaldson Company (NYSE:DCI) is $37.08 and the 52-week low is $25.21.
Donaldson Company, Inc. is a provider and manufacturer of filtration systems and replacement parts. The Company serves customers in the industrial and engine markets, including dust collection, power generation, specialty filtration, compressed air purification, off-road equipment, industrial compressors, heavy trucks and light vehicles. The Companys products are manufactured at 39 plants around the world and through three joint ventures. The Company has two reporting segments: Engine Products and Industrial Products.