Danaher Corporation (NYSE:DHR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.62 by 17 Brokerage Firm. 11 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, Citigroup maintains its rating on Danaher Corporation (NYSE:DHR).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, Citigroup raises the new price target from $102 per share to $104 per share. The rating by the firm was issued on June 13, 2016.
Danaher Corporation (NYSE:DHR): According to 14 Analysts, The short term target price has been estimated at $ 103.36.The target price could deviate by a maximum of $6.02 from the forecast price. In the near term, the target price could hit a high of $115 and a low of $ 92.
Danaher Corporation (NYSE:DHR) rose 0.29% or 0.29 points on Tuesday and made its way into the gainers of the day. After trading began at $99.14 the stock was seen hitting $99.29 as a peak level and $98.71 as the lowest level. The stock ended up at $99.03. The daily volume was measured at 1,651,719 shares. The 52-week high of the share price is $100.5 and the 52-week low is $81.25. The company has a market cap of $68,202 million.
Shares of Danaher Corp. rose by 0.38% in the last five trading days and 0.45% for the last 4 weeks. Danaher Corp. is up 4.49% in the last 3-month period. Year-to-Date the stock performance stands at 6.98%.
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.