Brokerage Firm Rating Update on Ecolab (ECL)

Ecolab (ECL) : 6 brokerage houses believe that Ecolab (ECL) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Ecolab (ECL). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.23.

Ecolab (ECL) : The most positive equity analysts on Ecolab (ECL) expects the shares to touch $135, whereas, the least positive believes that the stock will trade at $98 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $124.56 with an expected fluctuation of $11.82 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Macquarie initiates coverage on Ecolab (NYSE:ECL). Macquarie has a Outperform rating on the shares. As per the latest report, the brokerage house announces the price target to $143 per share. The rating by the firm was issued on August 25, 2016.

Ecolab (NYSE:ECL): stock was range-bound between the intraday low of $122.26 and the intraday high of $124.47 after having opened at $124.47 on Wednesdays session. The stock finally closed in the red at $124.47, a loss of -0.78%. The stock remained in the red for the whole trading day. The total traded volume was 698,799 shares. The stock failed to cross $124.47 in Wednesdays trading. The stocks closing price on Thursday was $123.7.

Ecolab Inc. provides water, hygiene and energy technologies and services. The Company operating segments include Global Industrial, Global Institutional, Global Energy and Other. The Companys Global Industrial segment consists of the Water, Food and Beverage, Paper and Textile Care operating units. Global Institutional segment consists of the Institutional, Specialty and Healthcare operating units. The Global Energy segment provides on-site, technology-driven solutions to the global drilling, oil and gas production, refining, and petrochemical industries. Other segment consists of the pest elimination and equipment care operating units. The Companys cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, Government and education, retail, textile care and commercial facilities management sectors in over 170 countries.

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