CLARCOR (CLC) stock is expected to deviate a maximum of $2.83 from the average target price of $59 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $61 and the most muted being $57.
CLARCOR (CLC) has an average broker rating of 3, which is interpreted as a Hold, as rated by 7 equity analysts. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Also, Equity Analysts at the CL King assumes the rating on CLARCOR (NYSE:CLC). The brokerage firm has issued a Neutral rating on the shares. The rating by the firm was issued on June 8, 2016.
CLARCOR (NYSE:CLC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $65.51 and $64.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $65.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $65.69, notching a gain of 0.34% for the day. The total traded volume was 115,147 . The stock had closed at $65.47 on the previous day.
CLARCOR Inc. is engaged in the marketing and manufacturing of mobile, industrial and environmental filtration products. The Companys segments are Engine/Mobile Filtration and Industrial/Environmental Filtration. The Companys Engine/Mobile Filtration segment manufactures and sells filtration products for on-road and off-road mobile and stationary applications, including trucks, agricultural machinery, construction and mining equipment, marine, automobiles, transit buses, and other industrial and specialty applications. The Companys Industrial/Environmental Filtration segment manufactures and sells filtration products used in industrial and commercial processes, and in buildings and infrastructures of various types. The Companys filters and filter systems are used in commercial and industrial buildings, hospitals, manufacturing processes, pharmaceutical processes, clean rooms, airports, shipyards, and refineries, other oil and natural gas facilities, among others.