Citigroup Maintains Danaher Corporation to Neutral with Price Target $104.00

Brokerage firm Citigroup Maintains its rating on Danaher Corporation(NYSE:DHR). In a research note issued to the investors, the brokerage major Raises the price-target to $104.00 per share. The shares have been rated Neutral. The rating by Citigroup was issued on Jun 13, 2016.

In a different note, On Apr 25, 2016, Sterne Agee CRT said it Maintains its rating on Danaher Corporation. In the research note, the firm Raises the price-target to $90.00 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 19, 2016, Citigroup said it Maintains its rating on Danaher Corporation. In the research note, the firm Raises the price-target to $95.00 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 18, 2016, Barclays said it Maintains its rating on Danaher Corporation. In the research note, the firm Raises the price-target to $99.00 per share. The shares have been rated ‘Overweight’ by the firm. On Apr 4, 2016, Bernstein said it Downgrades its rating on Danaher Corporation. In the research note, the firm Raises the price-target to $104.00 per share. The shares have been rated ‘Market Perform’ by the firm.

Danaher Corporation (DHR) shares turned negative on Fridays trading session with the shares closing down -1.31 points or -1.32% at a volume of 53,20,649. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $99.13. The peak price level was also seen at $99.13 while the days lowest was $97.64. Finally the shares closed at $97.76. The 52-week high of the shares is $100.5 while the 52-week low is $81.25. According to the latest information available, the market cap of the company is $67,327 M.

Danaher Corporation(DHR) last announced its earnings results on Apr 21, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $5.39B. Analysts had an estimated revenue of $5.33B. Earnings per share were $1.08. Analysts had estimated an EPS of $1.03.

Several Insider Transactions has been reported to the SEC. On May 13, 2016, Angela S Lalor (SVP, Human Resources) sold 8,392 shares at $97.77 per share price.Also, On May 9, 2016, John T Schwieters (director) sold 2,500 shares at $97.05 per share price.On Apr 29, 2016, James A Lico (Executive Vice President) sold 58,954 shares at $96.86 per share price, according to the Form-4 filing with the securities and exchange commission.

Danaher Corporation (Danaher) designs manufactures and markets professional medical industrial and commercial products and services. It operates in five segments: Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental and Industrial Technologies. The Test & Measurement segment offers test measurement and monitoring products. The Environmental segment products and services help protect the global water supply facilitate environmental stewardship and enhance the safety of personal data. The Company’s diagnostics business offers analytical instruments reagents consumables software and services. The Dental segment provides products that are used to diagnose treat and prevent disease and ailments of the teeth gums and supporting bone. The Company’s Industrial Technologies solutions help protect the world’s food supply improve packaging design and quality verify pharmaceutical dosages and authenticity and power innovative machines.

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