Evaluating Parker Hannifin: Insights From 14 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 14 analysts have evaluated Parker Hannifin (NYSE:PH), with a majority holding bullish or somewhat bullish views. The average 12-month price target has increased by 8.84% to $606.71. Recent analyst actions include several rating raises and price target adjustments, reflecting positive sentiment towards the company.
May 28, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Parker Hannifin has received predominantly bullish ratings from analysts over the past three months, with the average 12-month price target increasing by 8.84% to $606.71. Recent analyst actions include several rating raises and price target adjustments, indicating positive sentiment towards the company.
The majority of analysts have given bullish or somewhat bullish ratings, and the average price target has increased significantly. This suggests a positive outlook for Parker Hannifin in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100