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A Quick Look at Today's Ratings for Parker Hannifin(PH.US), With a Forecast Between $703 to $703

Futu News ·  Nov 2 21:00  · Ratings

On Nov 02, major Wall Street analysts update their ratings for $Parker Hannifin (PH.US)$, with price targets ranging from $703 to $703.

BofA Securities analyst Andrew Obin maintains with a buy rating.

Barclays analyst Julian Mitchell maintains with a buy rating, and maintains the target price at $703.

KeyBanc analyst Jeffrey Hammond maintains with a buy rating.

Truist Financial analyst Jamie Cook maintains with a buy rating.

Furthermore, according to the comprehensive report, the opinions of $Parker Hannifin (PH.US)$'s main analysts recently are as follows:

  • The operating environment has become more challenging over the past three months due to production cuts from Off Highway OEMs and disruptions in Aerospace Commercial OE. Nevertheless, the company is handling the situation adeptly, as evidenced by the relative resilience of its Industrial orders.

Here are the latest investment ratings and price targets for $Parker Hannifin (PH.US)$ from 4 analysts:

StockTodayLatestRating_nn_202104_20241102_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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