Harman International Industries Inc./DE/ Price Target Increased to $125.00 by Analysts at Robert W. Baird (HAR)
Equities research analysts at Robert W. Baird increased their target price on shares of Harman International Industries Inc./DE/ (NYSE:HAR) from $123.00 to $125.00 in a research note issued to investors on Wednesday. Robert W. Baird’s target price suggests a potential upside of 14.69% from the company’s current price.
Separately, analysts at Tigress Financial initiated coverage on shares of Harman International Industries Inc./DE/ in a research note on Monday, July 14th. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $116.17.
Harman International Industries Inc./DE/ (NYSE:HAR) traded up 1.56% during mid-day trading on Wednesday, hitting $110.69. 323,020 shares of the company’s stock traded hands. Harman International Industries Inc./DE/ has a 52 week low of $58.12 and a 52 week high of $118.60. The stock has a 50-day moving average of $110.7 and a 200-day moving average of $106.2. The company has a market cap of $7.538 billion and a price-to-earnings ratio of 38.77.
Harman International Industries, Incorporated (NYSE:HAR) is engaged in the developing, manufacturing and marketing of audio products and electronic systems.
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