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Parker Hannifin Corp has a consensus price target of $631.95 based on the ratings of 23 analysts. The high is $842 issued by Truist Securities on December 19, 2024. The low is $335 issued by Keybanc on July 12, 2022. The 3 most-recent analyst ratings were released by Truist Securities, Jefferies, and Barclays on December 19, 2024, December 6, 2024, and December 5, 2024, respectively. With an average price target of $817.33 between Truist Securities, Jefferies, and Barclays, there's an implied 26.29% upside for Parker Hannifin Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Parker Hannifin (NYSE:PH) was reported by Truist Securities on December 19, 2024. The analyst firm set a price target for $842.00 expecting PH to rise to within 12 months (a possible 30.10% upside). 48 analyst firms have reported ratings in the last year.
The latest analyst rating for Parker Hannifin (NYSE:PH) was provided by Truist Securities, and Parker Hannifin maintained their buy rating.
The last upgrade for Parker Hannifin Corp happened on December 12, 2024 when Wolfe Research raised their price target to N/A. Wolfe Research previously had a peer perform for Parker Hannifin Corp.
The last downgrade for Parker Hannifin Corp happened on November 18, 2024 when Stifel changed their price target from $691 to $691 for Parker Hannifin Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Parker Hannifin, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Parker Hannifin was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Parker Hannifin (PH) rating was a maintained with a price target of $788.00 to $842.00. The current price Parker Hannifin (PH) is trading at is $647.20, which is out of the analyst’s predicted range.
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