Dover (NYSE:DOV) Price Target Raised to $137.00 at Deutsche Bank Aktiengesellschaft - MarketBeat

2022-10-15 01:02:05 By : Ms. Mary Zheng

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Dover (NYSE:DOV - Get Rating) had its price objective raised by equities researchers at Deutsche Bank Aktiengesellschaft from $132.00 to $137.00 in a research note issued on Thursday, The Fly reports. Deutsche Bank Aktiengesellschaft's target price would suggest a potential upside of 16.72% from the company's current price.

A number of other equities research analysts have also weighed in on DOV. The Goldman Sachs Group decreased their price objective on shares of Dover from $176.00 to $146.00 and set a "buy" rating for the company in a report on Thursday, June 23rd. Morgan Stanley decreased their price objective on shares of Dover from $149.00 to $139.00 and set an "equal weight" rating for the company in a report on Wednesday. Barclays decreased their price objective on shares of Dover from $140.00 to $128.00 and set an "equal weight" rating for the company in a report on Friday, July 8th. Citigroup decreased their price objective on shares of Dover from $156.00 to $149.00 in a report on Monday. Finally, Mizuho decreased their price objective on shares of Dover from $175.00 to $155.00 and set a "buy" rating for the company in a report on Monday, July 18th. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $155.00.Dover Price Performance

DOV stock opened at $117.37 on Thursday. Dover has a 12 month low of $115.02 and a 12 month high of $184.04. The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average price of $127.64 and a 200 day moving average price of $131.54. The stock has a market cap of $16.85 billion, a PE ratio of 14.93, a P/E/G ratio of 1.01 and a beta of 1.35.

Dover (NYSE:DOV - Get Rating) last released its quarterly earnings results on Thursday, July 21st. The industrial products company reported $2.14 EPS for the quarter, topping analysts' consensus estimates of $2.08 by $0.06. Dover had a net margin of 13.90% and a return on equity of 26.94%. The firm had revenue of $2.16 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same period in the previous year, the company earned $2.06 EPS. The firm's revenue for the quarter was up 6.3% compared to the same quarter last year. Equities research analysts anticipate that Dover will post 8.5 earnings per share for the current year. Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DOV. Crewe Advisors LLC purchased a new stake in Dover during the 2nd quarter worth approximately $25,000. TCI Wealth Advisors Inc. grew its position in Dover by 115.8% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 259 shares of the industrial products company's stock worth $31,000 after purchasing an additional 139 shares during the last quarter. Hallmark Capital Management Inc. purchased a new stake in Dover during the 2nd quarter worth approximately $33,000. Clear Street Markets LLC grew its position in Dover by 411.9% during the 2nd quarter. Clear Street Markets LLC now owns 302 shares of the industrial products company's stock worth $37,000 after purchasing an additional 243 shares during the last quarter. Finally, FinTrust Capital Advisors LLC purchased a new stake in Dover during the 1st quarter worth approximately $44,000. Hedge funds and other institutional investors own 83.96% of the company's stock. Dover Company Profile (Get Rating)

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.Featured ArticlesGet a free copy of the StockNews.com research report on Dover (DOV)Three Dividend Growers the Institutions Are Buying Put Pep In Your Portfolio With Low-Beta PepsicoApple's Price Targets Are ChangingInstitutional Investors Are Buying These Two StocksIs Take-Two Interactive Software Inc. a Q4 Winner?

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Dover, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dover wasn't on the list.

While Dover currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Brian Mulberry brings three large-cap ideas today and discusses why one utility may have potential beyond the traditional role of a dividend payer

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.