RBC Capital Analysts Begin Coverage on Dover (DOV)
Several other analysts have also recently commented on the stock. Analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of Dover in a research note to investors on Thursday, May 10th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Dover in a research note to investors on Thursday, April 19th. They now have a $64.00 price target on the stock.
Dover traded down 0.39% on Thursday, hitting $58.02. Dover has a 52-week low of $43.64 and a 52-week high of $70.15. The company has a market cap of $10.653 billion and a price-to-earnings ratio of 12.23.
Dover last posted its quarterly earnings results on Wednesday, April 18th. The company reported $1.05 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.02 by $0.03. Dover’s revenue was up 13.9% compared to the same quarter last year. Analysts expect that Dover will post $1.40 EPS next quarter.
Dover Corporation (Dover) manufactures a range of specialized products and components and also offers related services and consumables.