Analyst Rating Update on Ecolab (ECL)

Ecolab (NYSE:ECL) : 15 analysts are covering Ecolab (NYSE:ECL) and their average rating on the stock is 2.07, which is read as a Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Ecolab (NYSE:ECL) : The consensus price target for Ecolab (NYSE:ECL) is $120.4 for the short term with a standard deviation of $6.96. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $136, however, the pessimist price target for the company is $112.

For the current week, the company shares have a recommendation consensus of Buy. Also, Nomura initiates coverage on Ecolab (NYSE:ECL) The brokerage firm has issued a Reduce rating on the shares. The Analysts at the ratings agency announces the price target to $97 per share. The rating by the firm was issued on April 19, 2016.

Ecolab (NYSE:ECL): stock turned positive on Tuesday. Though the stock opened at $115.49, the bulls momentum made the stock top out at $115.9 level for the day. The stock recorded a low of $114.53 and closed the trading day at $115.25, in the green by 0.68%. The total traded volume for the day was 1,232,501. The stock had closed at $114.47 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Mulhere Timothy P, officer (EVP & Regions President) of Ecolab Inc., had unloaded 3,762 shares at an average price of $121.6 in a transaction dated on June 8, 2016. The total value of the transaction was worth $457,459.

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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