Brokerage Firm Rating Update on Danaher Corporation (DHR)

Danaher Corporation (DHR) : 14 analysts are covering Danaher Corporation (DHR) and their average rating on the stock is 1.61, which is read as a Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Danaher Corporation (DHR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Danaher Corporation (DHR) : Currently there are 11 street experts covering Danaher Corporation (DHR) stock. The most bullish and bearish price target for the stock is $120 and $82 respectively for the short term. The average price target of all the analysts comes to $93.55. The estimated standard deviation from the target is $10.32.


For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Danaher Corporation (NYSE:DHR). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $81 per share to $84 per share. The rating by the firm was issued on July 27, 2016.

Danaher Corporation (NYSE:DHR): stock was range-bound between the intraday low of $79.18 and the intraday high of $79.778 after having opened at $79.37 on Wednesdays session. The stock finally closed in the red at $79.37, a loss of -0.19%. The stock remained in the red for the whole trading day. The total traded volume was 3,844,479 shares. The stock failed to cross $79.778 in Wednesdays trading. The stocks closing price on Thursday was $79.5.

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 Companys 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 Companys Industrial Technologies solutions help protect the worlds food supply, improve packaging design and quality, verify pharmaceutical dosages and authenticity and power innovative machines.

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