Danaher Corporation (DHR) has been under a strong bear grip, hence the stock is down -0.09% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.23% in the past 1 week. The stock has risen by 0.57% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.29% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.16% and the fifty day Moving Average is 2%. Danaher Corp. is up 8.46% in the last three month period. Year-to-Date the stock performance stands at 15.7%.
Danaher Corporation (DHR) : 11 investment research analysts covering Danaher Corporation (DHR) have an average price target of $93.46 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 $10.4 of the average price.
Danaher Corporation (NYSE:DHR): stock turned positive on Friday. Though the stock opened at $80.76, the bulls momentum made the stock top out at $81.465 level for the day. The stock recorded a low of $80.685 and closed the trading day at $81.2, in the green by 0.84%. The total traded volume for the day was 1,990,163. The stock had closed at $80.52 in the previous days trading.
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.