Parker-Hannifin Corporation (PH) Analyst Opinion

Parker-Hannifin Corporation (PH) is now trading near $113.38 and lots of rating firms seem to have a target price set on the stock. The median 12-month price target of 17 analysts covering the company is $102, which suggests the stock could still gain more than -10 percent. The highest analyst price target is $124, which implies a gain of 9 percent. And roundups of analyst notes show that 0 are rating the stock a buy while 0 rate PH a strong buy. There are 0 equity research firms suggesting a Hold and 0 consider it Sell. Avondale analysts issued their verdict on Parker-Hannifin Corporation recently. The rating firm gave a Mkt Perform rating to this stock in a research note on 08/04/2016. Barclays analysts issued their verdict on Parker-Hannifin Corporation recently. The rating firm gave a Equal Weight rating to this stock in a research note on 01/04/2016. According to a research note published on 28/03/2016, analysts at Goldman have lowered their rating on the company stock from Neutral to Sell. Several executives took part in recent insider activity for the stock. Its Director OBOURN CANDY M sold 2581 company shares for $259500, in a transaction on 04/02/2016. Following the transaction, the Director is left with a stake of 13022 shares, currently valued at $1476434.36. Meanwhile, VP, Pres-Hydraulics Grp Weeks Andrew M divested 1364 shares worth $141400, through a transaction dated 29/10/2015. Following the completion of the transaction, the insider is left with a stake of 4500 shares, amounting $510210. PH VP-Gbl Supply Chain/Procuremnt, Dedinsky John G Jr also disposed of 2952 shares, at a stock price of $119.93. This transaction occurred on 10/06/2015 totals $354000. After this transaction, the insider’s stake stands at 28920 shares, with a market value of $3278949.6.