CIRCOR International (CIR) Price Target Raised to $61.00
CIRCOR International (NYSE:CIR) had its target price upped by equities researchers at Stifel Nicolaus from $52.00 to $61.00 in a report issued on Tuesday. The firm currently has a “buy” rating on the industrial products company’s stock. Stifel Nicolaus’ target price suggests a potential upside of 16.35% from the stock’s previous close.
CIR has been the subject of several other reports. Zacks Investment Research cut shares of CIRCOR International from a “buy” rating to a “hold” rating in a report on Friday. KeyCorp upgraded shares of CIRCOR International from a “sector weight” rating to an “overweight” rating and set a $53.00 price objective for the company in a report on Monday, November 6th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $60.67.
CIRCOR International (NYSE CIR) opened at $52.43 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 3.20 and a debt-to-equity ratio of 0.58. The stock has a market cap of $865.12, a P/E ratio of 56.38 and a beta of 1.60. CIRCOR International has a 1-year low of $42.25 and a 1-year high of $72.96.
Large investors have recently modified their holdings of the stock. SG Americas Securities LLC bought a new stake in CIRCOR International during the third quarter worth approximately $121,000. Quantbot Technologies LP boosted its holdings in CIRCOR International by 454.0% during the second quarter. Quantbot Technologies LP now owns 3,014 shares of the industrial products company’s stock worth $178,000 after buying an additional 2,470 shares in the last quarter. Piedmont Investment Advisors LLC bought a new stake in CIRCOR International during the second quarter worth approximately $212,000. Municipal Employees Retirement System of Michigan boosted its holdings in CIRCOR International by 59.9% during the third quarter. Municipal Employees Retirement System of Michigan now owns 6,190 shares of the industrial products company’s stock worth $337,000 after buying an additional 2,320 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in CIRCOR International by 2.3% during the second quarter. California Public Employees Retirement System now owns 13,600 shares of the industrial products company’s stock worth $808,000 after buying an additional 300 shares in the last quarter.
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CIRCOR International Company Profile
CIRCOR International, Inc (CIRCOR) designs, manufactures and markets engineered products and sub-systems for markets, including oil and gas, aerospace, power and process, and industrial solutions. The Company operates through two segments: CIRCOR Energy (Energy segment (Energy)) and CIRCOR Advanced Flow Solutions (Advanced Flow Solutions segment (AFS)).
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