Donaldson Company (DCI) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $41 and the lowest price target forecast is $28. The average forecast of all the analysts is $33.33 and the expected standard deviation is $4.63.
Donaldson Company (DCI) : 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Donaldson Company (DCI). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Hold with a rating of 3.
Also, CL King initiates coverage on Donaldson Company (NYSE:DCI). CL King has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $41 per share. The rating by the firm was issued on June 8, 2016.
Donaldson Company (NYSE:DCI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.60 and $37.19 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.92. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.91, notching a gain of 0.96% for the day. The total traded volume was 630,353 . The stock had closed at $37.55 on the previous day.
Donaldson Company, Inc. is a provider and manufacturer of filtration systems and replacement parts. The Company serves customers in the industrial and engine markets, including dust collection, power generation, specialty filtration, compressed air purification, off-road equipment, industrial compressors, heavy trucks and light vehicles. The Companys products are manufactured at 39 plants around the world and through three joint ventures. The Company has two reporting segments: Engine Products and Industrial Products.