In a report issued on March 14, Deane Dray from RBC Capital maintained a Hold rating on Danaher (DHR – Research Report), with a price target of $276.00. The company’s shares closed last Tuesday at $270.89.
According to TipRanks.com, Dray is a 5-star analyst with an average return of 9.7% and a 51.5% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group, Emerson Electric Company, and Honeywell International.
Danaher has an analyst consensus of Strong Buy, with a price target consensus of $340.00.
Danaher’s market cap is currently $190.9B and has a P/E ratio of 30.99.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DHR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1969 and headquartered in Washington, DC, Danaher Corp. engages in manufacturing, designing and marketing of professional, medical, industrial and commercial products and services. The company operates through three segments, including Life Sciences, Diagnostics, and Environmental & Applied Solutions.
Read More on DHR: