Zacks Rating on PerkinElmer (PKI)

PerkinElmer (PKI) : The consensus on PerkinElmer (PKI) based on 12 analyst recommendation on the company stock is 2.54, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

PerkinElmer (PKI) : The highest short term price target forecast on PerkinElmer (PKI) is $61 and the lowest target price is $51. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $56.4 with a standard deviation of $3.47.


Shares of PerkinElmer Inc. rose by 2.25% in the last five trading days and 2.1% for the last 4 weeks. PerkinElmer Inc. is up 1.88% in the last 3-month period. Year-to-Date the stock performance stands at 4.86%. PerkinElmer (NYSE:PKI): stock turned positive on Tuesday. Though the stock opened at $55.28, the bulls momentum made the stock top out at $56.24 level for the day. The stock recorded a low of $55.28 and closed the trading day at $55.94, in the green by 1.52%. The total traded volume for the day was 619,397. The stock had closed at $55.1 in the previous days trading.

PerkinElmer, Inc. is a provider of products, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets. The Company operates its business in two segments: Human Health and Environmental Health. The Companys Human Health segment concentrates on developing diagnostics, tools and applications to help detect diseases earlier and more accurately, and to accelerate the discovery and development of new therapies. The Companys Environmental Health segment provides products, services and solutions to facilitate the creation of safer food and consumer products, more secure surroundings and efficient energy resources. The Company markets its products and services in more than 150 countries.

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