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Parker Hannifin Corp has a consensus price target of $616.29 based on the ratings of 22 analysts. The high is $842 issued by UBS on November 13, 2024. The low is $335 issued by Keybanc on July 12, 2022. The 3 most-recent analyst ratings were released by Keybanc, Stifel, and UBS on November 21, 2024, November 18, 2024, and November 13, 2024, respectively. With an average price target of $769.33 between Keybanc, Stifel, and UBS, there's an implied 9.06% 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 Keybanc on November 21, 2024. The analyst firm set a price target for $775.00 expecting PH to rise to within 12 months (a possible 9.87% upside). 47 analyst firms have reported ratings in the last year.
The latest analyst rating for Parker Hannifin (NYSE:PH) was provided by Keybanc, and Parker Hannifin maintained their overweight rating.
The last upgrade for Parker Hannifin Corp happened on May 28, 2024 when Mizuho raised their price target to $650. Mizuho previously had a neutral 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 November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Parker Hannifin (PH) rating was a maintained with a price target of $725.00 to $775.00. The current price Parker Hannifin (PH) is trading at is $705.41, which is out of the analyst’s predicted range.
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