Dover Corporation (NYSE:DOV) 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 2.29 by 14 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Bernstein, upgrades their rating on the shares of Dover Corporation (NYSE:DOV). Bernstein has a Outperform rating on the shares. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on June 10, 2016.
Dover Corporation (NYSE:DOV): 11 Analyst have given the stock of Dover Corporation (NYSE:DOV) a near short term price target of $71.55. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $8.88. The higher price target estimate is at $87 while the lower price estimates are fixed at $59.
Dover Corporation (NYSE:DOV) witnessed a decline in the market cap on Tuesday as its shares dropped 0.6% or 0.43 points. After the session commenced at $71, the stock reached the higher end at $71.15 while it hit a low of $70.275. With the volume soaring to 927,563 shares, the last trade was called at $70.82. The company has a 52-week high of $72.91. The company has a market cap of $10,988 million and there are 155,148,750 shares in outstanding. The 52-week low of the share price is $50.91.
Shares of Dover Corporation rose by 1.75% in the last five trading days and 10.24% for the last 4 weeks. Dover Corporation is up 7.49% in the last 3-month period. Year-to-Date the stock performance stands at 17.07%.
Dover Corporation (Dover) is engaged in the manufacturing of equipment, components and specialty systems. The Company also provides supporting engineering, testing and other services. The Company operates through four business segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment serves the Drilling & Production, Bearings & Compression and Automation end markets, and provides solutions and services for production and processing of oil, natural gas liquids and gas around the world. The Engineered Systems segment manages its products and services through two business platforms, Printing & Identification and Industrials. The Fluids segment is focused on the handling of critical fluids across the retail fueling, chemical, hygienic and industrial markets. The Refrigeration & Food Equipment segment provides equipment and systems serving the commercial refrigeration and food service industries.