$550.40
10.68[1.98%]
At close: Apr 23
$550.40
0[0.00%]
After Hours: 4:04PM EDT
Parker Hannifin
(NYSE:PH)Parker Hannifin Stock (NYSE:PH), Analyst Ratings, Price Targets, Predictions
Parker Hannifin Corp has a consensus price target of $453.1, established from looking at the 80 latest analyst ratings. The last 3 analyst ratings were released from Keybanc, Stifel, and Barclays on April 11, 2024, April 3, 2024, and April 2, 2024. With an average price target of $631.33 between Keybanc, Stifel, and Barclays, there's an implied 14.70% upside for Parker Hannifin Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Keybanc
Stifel
Barclays
Truist Securities
TD Cowen
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Parker Hannifin
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/11/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 16.28% | Keybanc | Jeffrey Hammond | $575 → $640 | Maintains | Overweight | Get Alert |
| 04/03/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 14.28% | Stifel | Nathan Jones | $588 → $629 | Maintains | Buy | Get Alert |
| 04/02/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 13.55% | Barclays | Julian Mitchell | $558 → $625 | Maintains | Overweight | Get Alert |
| 03/14/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 9.38% | Truist Securities | Jamie Cook | → $602 | Initiates | → Buy | Get Alert |
| 03/05/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 6.83% | Stifel | Nathan Jones | → $588 | Reiterates | Buy → Buy | Get Alert |
| 03/01/2024 | PH | Buy Now | Parker Hannifin | $550.40 | -9.16% | TD Cowen | Joseph Giordano | $300 → $500 | Upgrade | Underperform → Market Perform | Get Alert |
| 02/20/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 7.19% | Evercore ISI Group | David Raso | $505 → $590 | Maintains | Outperform | Get Alert |
| 02/05/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 1.38% | Barclays | Julian Mitchell | $500 → $558 | Maintains | Overweight | Get Alert |
| 02/02/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 4.47% | Keybanc | Jeffrey Hammond | $500 → $575 | Maintains | Overweight | Get Alert |
| 01/19/2024 | PH | Buy Now | Parker Hannifin | $550.40 | -9.16% | Stifel | Nathan Jones | → $500 | Reiterates | Buy → Buy | Get Alert |
| 01/02/2024 | PH | Buy Now | Parker Hannifin | $550.40 | 0.11% | Goldman Sachs | Joe Ritchie | $551 → $551 | Maintains | Buy | Get Alert |
| 12/19/2023 | PH | Buy Now | Parker Hannifin | $550.40 | -7.34% | Wells Fargo | Joe O'Dea | $450 → $510 | Maintains | Overweight | Get Alert |
| 12/11/2023 | PH | Buy Now | Parker Hannifin | $550.40 | — | Wolfe Research | Nigel Coe | — | Downgrade | Outperform → Peer Perform | Get Alert |
| 12/04/2023 | PH | Buy Now | Parker Hannifin | $550.40 | -9.16% | Stifel | Nathan Jones | → $500 | Reiterates | Buy → Buy | Get Alert |
| 11/09/2023 | PH | Buy Now | Parker Hannifin | $550.40 | -8.07% | Deutsche Bank | Nicole Deblase | $462 → $506 | Upgrade | Hold → Buy | Get Alert |
| 10/11/2023 | PH | Buy Now | Parker Hannifin | $550.40 | -14.61% | Stifel | Nathan Jones | → $470 | Reiterates | Buy → Buy | Get Alert |
| 10/05/2023 | PH | Buy Now | Parker Hannifin | $550.40 | -13.7% | B of A Securities | Andrew Obin | $435 → $475 | Upgrade | Neutral → Buy | Get Alert |
| 09/14/2023 | PH | Buy Now | Parker Hannifin | $550.40 | -14.61% | Stifel | Nathan Jones | → $470 | Reiterates | Buy → Buy | Get Alert |
| 08/07/2023 | PH | Buy Now | Parker Hannifin | $550.40 | -18.6% | Morgan Stanley | Joshua Pokrzywinski | $408 → $448 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Parker Hannifin (PH)?
The latest price target for Parker Hannifin (NYSE: PH) was reported by Keybanc on April 11, 2024. The analyst firm set a price target for $640.00 expecting PH to rise to within 12 months (a possible 16.28% upside). 35 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Parker Hannifin (PH)?
The latest analyst rating for Parker Hannifin (NYSE: PH) was provided by Keybanc, and Parker Hannifin maintained their overweight rating.
When was the last upgrade for Parker Hannifin (PH)?
The last upgrade for Parker Hannifin Corp happened on March 1, 2024 when TD Cowen raised their price target to $500. TD Cowen previously had an underperform for Parker Hannifin Corp.
When was the last downgrade for Parker Hannifin (PH)?
The last downgrade for Parker Hannifin Corp happened on December 11, 2023 when Wolfe Research changed their price target from N/A to N/A for Parker Hannifin Corp.
When is the next analyst rating going to be posted or updated for Parker Hannifin (PH)?
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 April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
Is the Analyst Rating Parker Hannifin (PH) correct?
While ratings are subjective and will change, the latest Parker Hannifin (PH) rating was a maintained with a price target of $575.00 to $640.00. The current price Parker Hannifin (PH) is trading at is $550.40, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.