Pall Corp. Given New $84.00 Price Target at Jefferies Group (PLL)
Research analysts at Jefferies Group increased their target price on shares of Pall Corp. (NYSE:PLL) from $80.00 to $84.00 in a report released on Friday. Jefferies Group’s price target would indicate a potential upside of 0.68% from the company’s current price.
Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Pall Corp. in a research note on Tuesday, June 3rd. They now have a $83.00 price target on the stock, up previously from $80.00. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $88.67.
Pall Corp. (NYSE:PLL) traded up 1.13% during mid-day trading on Friday, hitting $84.37. The stock had a trading volume of 1,002,434 shares. Pall Corp. has a 1-year low of $68.76 and a 1-year high of $91.83. The stock has a 50-day moving average of $80.38 and a 200-day moving average of $84.39. The company has a market cap of $9.254 billion and a P/E ratio of 28.52.
Pall Corp. (NYSE:PLL) last announced its earnings results on Thursday, August 28th. The company reported $1.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.06 by $0.05. The company had revenue of $800.00 million for the quarter, compared to the consensus estimate of $769.43 million. During the same quarter last year, the company posted $0.90 earnings per share. Pall Corp.’s revenue was up 11.6% compared to the same quarter last year. Analysts expect that Pall Corp. will post $3.87 EPS for the current fiscal year.
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.