RBC Capital Markets recorded Ecolab ECL (NYSE:ECL), bumping its target to $137.00 today

Yesterday Ecolab ECL (NYSE:ECL) traded -0.98% lower at $129.98. Ecolab ECL’s 50-day moving average is $131.58 and its 200-day moving average is $129.28. The last stock price is up 0.43% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has increased 0.04% over the same time period. 1,716,389 shares of ECL traded hands, up from an average trading volume of 813,971

Ecolab ECL (NYSE:ECL) had its target increased to $137.00 by RBC Capital Markets in a report released 9/12/2017. The new target price indicates a possible upside of 0.05% based on the company’s previous stock price.

On 8/15/2017, Morgan Stanley released a statement for Ecolab ECL (NYSE:ECL) upped the target price from $0.00 to $140.00. At the time, this indicated a possible upside of 0.06%.

Recent Performance Chart

Ecolab ECL has a 52 week low of $110.65 and a 52 week high of $134.89 with a P/E ratio of 29.68 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 17 brokerages have released a research note on ECL. The one year target is $114.59 with six firms rating the stock a strong buy, 6 firms rating the stock a buy, 7 firms rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 analysts rating the company a sell.

More About Ecolab ECL (NYSE:ECL)

Ecolab Inc. provides water, hygiene and energy technologies and services. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries. Its segments include Global Industrial, Global Institutional, Global Energy, Other and Corporate. Its Global Industrial segment consists of the Water, Food and Beverage, Paper and Textile Care operating units. Its Global Institutional segment consists of the Institutional, Specialty and Healthcare operating units. The Global Energy segment provides on-site and technology-driven solutions to the global drilling, oil and gas production, refining, and petrochemical industries. The Company’s Other segment consists of the Pest Elimination and Equipment Care operating units.

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