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Dover Corp (NYSE:DOV) has been given an average recommendation of “Buy” by the thirteen analysts that are currently covering the company, Stock Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $90.00.

Shares of Dover Corp (NYSE:DOV) traded up 0.18% on Friday, hitting $84.4001. 175,896 shares of the company’s stock traded hands. Dover Corp has a one year low of $67.7842 and a one year high of $91.84. The stock has a 50-day moving average of $88.64 and a 200-day moving average of $83.34. The company has a market cap of $14.057 billion and a P/E ratio of 17.25.

Dover Corp (NYSE:DOV) last posted its quarterly earnings results on Thursday, July 17th. The company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.01. The company had revenue of $2.00 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts predict that Dover Corp will post $4.84 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.90%.

A number of research firms have recently commented on DOV. Analysts at RBC Capital raised their price target on shares of Dover Corp from $95.00 to $97.00 in a research note on Monday, July 21st. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Dover Corp in a research note on Friday, July 18th. They now have a $91.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Dover Corp in a research note on Friday, July 18th. They now have a $90.00 price target on the stock, up previously from $89.00.

Dover Corporation (NYSE:DOV) manufactures a range of specialized products and components and also offers related services and consumables.

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