Pall Corp. Given Neutral Rating at JPMorgan Chase & Co. (PLL)
Pall Corp. (NYSE:PLL)‘s stock had its “neutral” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday. They currently have a $83.00 target price on the stock, up from their previous target price of $80.00. JPMorgan Chase & Co.’s price target indicates a potential downside of 3.49% from the stock’s previous close.
Pall Corp. (NYSE:PLL) traded down 0.58% on Tuesday, hitting $85.50. 118,013 shares of the company’s stock traded hands. Pall Corp. has a 52 week low of $64.09 and a 52 week high of $91.83. The stock’s 50-day moving average is $84.82 and its 200-day moving average is $84.70. The company has a market cap of $9.421 billion and a price-to-earnings ratio of 29.40.
Pall Corp. (NYSE:PLL) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by $0.02. The company had revenue of $682.45 million for the quarter, compared to the consensus estimate of $679.81 million. During the same quarter in the previous year, the company posted $0.74 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Analysts expect that Pall Corp. will post $3.39 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Pall Corp. in a research note on Friday. They now have a $90.00 price target on the stock. Separately, analysts at Goldman Sachs raised their price target on shares of Pall Corp. from $82.00 to $83.00 in a research note on Friday, April 11th. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Pall Corp. from $94.00 to $102.00 in a research note on Tuesday, March 25th. They now have an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $87.00.
Pall Corporation is a filtration, separation and purification company. The Company is a supplier of filtration, separation and purification technologies, principally made by the Company using its engineering capability and fluid management, filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a variety of liquids and gases.
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