Pentair plc. Ordinary Share Given Consensus Rating of “Hold” by Analysts (NYSE:PNR)
Shares of Pentair plc. Ordinary Share (NYSE:PNR) have earned an average recommendation of “Hold” from the seventeen ratings firms that are currently covering the stock, Stock Ratings Network reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $80.07.
PNR has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Pentair plc. Ordinary Share in a research note on Friday, August 1st. They now have a $83.00 price target on the stock, down previously from $94.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Pentair plc. Ordinary Share in a research note on Friday, August 1st. They now have a $67.00 price target on the stock. Finally, analysts at Bank of America downgraded shares of Pentair plc. Ordinary Share from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 31st.
Pentair plc. Ordinary Share (NYSE:PNR) opened at 69.89 on Friday. Pentair plc. Ordinary Share has a 52-week low of $59.89 and a 52-week high of $83.37. The stock’s 50-day moving average is $69.56 and its 200-day moving average is $74.97. The company has a market cap of $13.458 billion and a P/E ratio of 22.75.
Pentair plc. Ordinary Share (NYSE:PNR) last released its earnings data on Thursday, July 31st. The company reported $1.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.03 by $0.01. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the prior year, the company posted $0.92 earnings per share. The company’s quarterly revenue was down 2.7% on a year-over-year basis. Analysts expect that Pentair plc. Ordinary Share will post $3.68 EPS for the current fiscal year.
Pentair, Inc (NYSE:PNR) is a focused diversified industrial manufacturing company.
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