Analyst Rating Update on Donaldson Company (DCI)

Donaldson Company (NYSE:DCI) : 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Donaldson Company (NYSE:DCI). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

Donaldson Company (NYSE:DCI) : Average target price received by Donaldson Company (NYSE:DCI) is $33.33 with an expected standard deviation of $4.63. The most aggressive target on the stock is $41, whereas the most downbeat target is $28. 6 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Also, CL King initiates coverage on Donaldson Company (NYSE:DCI). The rating major has initiated the coverage with buy rating on the shares. The Analysts at CL King announces a current price target of $41 per share. The rating by the firm was issued on June 8, 2016.

Donaldson Company (NYSE:DCI): stock turned positive on Tuesday. Though the stock opened at $33.9, the bulls momentum made the stock top out at $34.12 level for the day. The stock recorded a low of $33.75 and closed the trading day at $33.92, in the green by 1.19%. The total traded volume for the day was 1,454,887. The stock had closed at $33.52 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Donaldson Co Inc, Hoffman Michael J had sold 14,400 shares worth of $525,888 in a transaction dated June 7, 2016. In this transaction, 14,400 shares were sold at $36.52 per share.

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.

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