Impact of Brokerage Rating on Dover Corporation(DOV)

Many Dover Corporation(DOV) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Stifel on Jan 27, 2017 to Hold, Raises Price Target to $ 85 from a previous price target of $76 .Company shares were Upgraded by UBS on Jan 6, 2017 to Buy, Raises Price Target to $ 90 from a previous price target of $65 .Company shares were Reiterated by Stifel on Dec 13, 2016 to Hold, Raises Price Target to $ 76 from a previous price target of $72 .

Company has reported several Insider transactions to the SEC, on Nov 15, 2016, Jay L Kloosterboer (Senior Vice President) sold 11,501 shares at 70.25 per share price.On Nov 14, 2016, Michael B Stubbs (director) sold 19,000 shares at 71.58 per share price.On Oct 28, 2016, Sandra A Arkell (Vice President and Controller) sold 565 shares at 68.73 per share price.

Dover Corp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.71 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.75. The company had revenue of $177.96 million for the quarter, compared to analysts expectations of $1707.83 million. The companys revenue was down -89.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.81 EPS.

Dover Corporation (NYSE:DOV) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.23 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.

Dover Corporation (NYSE:DOV): 12 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $82.33 in Dover Corporation (NYSE:DOV). However, the stock price could fluctuate by $ 9.39 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $95 price target with the lower price estimate is calculated at $59

Dover Corporation (NYSE:DOV) rose 0.19% or 0.15 points on Tuesday and made its way into the gainers of the day. After trading began at $78.8 the stock was seen hitting $79.75 as a peak level and $78.8 as the lowest level. The stock ended up at $79.75. The daily volume was measured at 701,153 shares. The 52-week high of the share price is $82.32 and the 52-week low is $58.15. The company has a market cap of $12,401 million.

Dover Corporation is a world-wide, diversified manufacturer of industrial products. The companys businesses are divided into the following four business segments: Dover Diversified; Dover Industries; Dover Resources; and Dover Technologies.


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