Danaher Corporation (DHR) : During the past 4 weeks, traders have been relatively bearish on Danaher Corporation (DHR), hence the stock is down -1.65% 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 -0.35% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.07% in the last 1 week, and is up 0.79% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Danaher Corporation (NYSE:DHR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.26 and $81.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.62. The buying momentum continued till the end and the stock did not give up its gains. It closed at $81.50, notching a gain of 0.47% for the day. The total traded volume was 2,056,144 . The stock had closed at $81.12 on the previous day.
The stock has recorded a 20-day Moving Average of 0.6% and the 50-Day Moving Average is 4.74%. Danaher Corp. is up 10.88% in the last 3-month period. Year-to-Date the stock performance stands at 16.12%.
Danaher Corporation (DHR) : 13 investment research analysts covering Danaher Corporation (DHR) have an average price target of $94.15 for the near short term. The highest target price given by the Brokerage Firm to the stock is $120 and the lowest target is $82 for the short term. Analysts expect the variance to be within $9.65 of the average price.
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.