Agilent Technologies Price Target Increased to $68.00 by Analysts at Leerink Swann (A)
Equities researchers at Leerink Swann increased their price target on shares of Agilent Technologies (NYSE:A) from $59.00 to $68.00 in a research report issued on Wednesday, Analyst RN reports. The firm currently has an “outperform” rating on the stock. Leerink Swann’s price target would suggest a potential upside of 12.98% from the company’s current price.
Shares of Agilent Technologies (NYSE:A) traded up 0.27% on Wednesday, hitting $59.89. The stock had a trading volume of 2,347,270 shares. Agilent Technologies has a 1-year low of $40.19 and a 1-year high of $61.22. The stock has a 50-day moving average of $58.51 and a 200-day moving average of $52.58. The company has a market cap of $19.872 billion and a price-to-earnings ratio of 28.44.
Agilent Technologies (NYSE:A) last announced its earnings results on Thursday, November 14th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.05. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. Analysts expect that Agilent Technologies will post $3.19 EPS for the current fiscal year.
A has been the subject of a number of other recent research reports. Analysts at UBS AG raised their price target on shares of Agilent Technologies from $57.00 to $65.00 in a research note on Friday, January 10th. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Agilent Technologies in a research note on Monday, January 6th. They now have a $65.00 price target on the stock, up previously from $60.00. Finally, analysts at Cowen and Company raised their price target on shares of Agilent Technologies from $57.00 to $65.00 in a research note on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $58.33.
Agilent Technologies, Inc (NYSE:A) is a measurement company providing bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries.
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