Danaher Corporation (DHR) : During the past 4 weeks, traders have been relatively bearish on Danaher Corporation (DHR), hence the stock is down -3.2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.11% relative to the S&P 500. The 4-week change in the price of the stock is -5.16% and the stock has fallen -0.58% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.04% and the 50-Day Moving Average is 4.95%.The 200 Day SMA reached 4.65% Danaher Corp. is up 3.31% in the last 3-month period. Year-to-Date the stock performance stands at 9.1%.
Danaher Corporation (DHR) stock is expected to deviate a maximum of $10.31 from the average target price of $93.27 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $120 and the most muted being $82.
For the current week, the company shares have a recommendation consensus of Buy. Danaher Corporation (NYSE:DHR): stock was range-bound between the intraday low of $76.32 and the intraday high of $77.17 after having opened at $77.08 on Fridays session. The stock finally closed in the red at $77.08, a loss of -0.30%. The stock remained in the red for the whole trading day. The total traded volume was 8,103,652 shares. The stock failed to cross $77.17 in Fridays trading. The stocks closing price on Thursday was $76.8.
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.