11.16 % to Target, BMO Capital Reiterates ‘Market Perform’ Rating on Pentair (NYSE:PNR) Shares Today

February 15, 2018 - By Maria Brooks

 11.16 % to Target, BMO Capital Reiterates ‘Market Perform’ Rating on Pentair (NYSE:PNR) Shares Today

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.11, from 1.15 in 2017Q2. It fall, as 24 investors sold Pentair plc shares while 147 reduced holdings. 47 funds opened positions while 131 raised stakes. 151.12 million shares or 1.77% less from 153.84 million shares in 2017Q2 were reported.

Moreover, Rockefeller Svcs has 1.41% invested in Pentair plc (NYSE:PNR) for 1.09M shares. Veritable Limited Partnership invested in 0.01% or 5,327 shares. Delta Asset Limited Liability Corporation Tn stated it has 113 shares or 0% of all its holdings. Jnba Financial Advsr accumulated 337 shares. Wetherby Asset owns 4,616 shares. Td Asset Mgmt Incorporated stated it has 0.01% of its portfolio in Pentair plc (NYSE:PNR). Argent Trust stated it has 0.38% of its portfolio in Pentair plc (NYSE:PNR). Utah Retirement stated it has 0.05% in Pentair plc (NYSE:PNR). Wealthtrust holds 326 shares. Lmr Prtnrs Llp has 0.02% invested in Pentair plc (NYSE:PNR) for 3,126 shares. Mountain Pacific Inv Advisers Id stated it has 1.94% in Pentair plc (NYSE:PNR). Da Davidson & holds 0.05% of its portfolio in Pentair plc (NYSE:PNR) for 39,689 shares. Hudock Capital Limited Liability Company holds 0% or 8 shares. Neuberger Berman Group Inc Limited Liability Co accumulated 644,196 shares. Asset Management Inc reported 7,330 shares.

Since September 28, 2017, it had 0 buys, and 2 insider sales for $516,566 activity. $348,400 worth of Pentair plc (NYSE:PNR) was sold by MERRIMAN RONALD.

Pentair (NYSE:PNR) Rating Reaffirmed

BMO Capital now has a $78 target price per share on the $12.74B market cap company or 11.16 % upside potential. In an analyst report made public on Wednesday, 14 February, Pentair (NYSE:PNR) shares have had their Market Perform Rating reconfirmed by investment analysts at BMO Capital.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.11, from 1.15 in 2017Q2. It fall, as 24 investors sold Pentair plc shares while 147 reduced holdings. 47 funds opened positions while 131 raised stakes. 151.12 million shares or 1.77% less from 153.84 million shares in 2017Q2 were reported.

Moreover, Rockefeller Svcs has 1.41% invested in Pentair plc (NYSE:PNR) for 1.09M shares. Veritable Limited Partnership invested in 0.01% or 5,327 shares. Delta Asset Limited Liability Corporation Tn stated it has 113 shares or 0% of all its holdings. Jnba Financial Advsr accumulated 337 shares. Wetherby Asset owns 4,616 shares. Td Asset Mgmt Incorporated stated it has 0.01% of its portfolio in Pentair plc (NYSE:PNR). Argent Trust stated it has 0.38% of its portfolio in Pentair plc (NYSE:PNR). Utah Retirement stated it has 0.05% in Pentair plc (NYSE:PNR). Wealthtrust holds 326 shares. Lmr Prtnrs Llp has 0.02% invested in Pentair plc (NYSE:PNR) for 3,126 shares. Mountain Pacific Inv Advisers Id stated it has 1.94% in Pentair plc (NYSE:PNR). Da Davidson & holds 0.05% of its portfolio in Pentair plc (NYSE:PNR) for 39,689 shares. Hudock Capital Limited Liability Company holds 0% or 8 shares. Neuberger Berman Group Inc Limited Liability Co accumulated 644,196 shares. Asset Management Inc reported 7,330 shares.

Since September 28, 2017, it had 0 buys, and 2 insider sales for $516,566 activity. $348,400 worth of Pentair plc (NYSE:PNR) was sold by MERRIMAN RONALD.

Pentair plc (NYSE:PNR) Ratings Coverage

Among 23 analysts covering Pentair Inc. (NYSE:PNR), 7 have Buy rating, 4 Sell and 12 Hold. Therefore 30% are positive. Pentair Inc. has $85 highest and $47 lowest target. $67.28’s average target is -4.12% below currents $70.171 stock price. Pentair Inc. had 81 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Pentair plc (NYSE:PNR) earned “Positive” rating by Susquehanna on Wednesday, April 27. The stock of Pentair plc (NYSE:PNR) earned “Hold” rating by Oppenheimer on Wednesday, August 16. On Monday, November 9 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was reinitiated on Tuesday, July 19 by Vertical Research. The firm earned “Hold” rating on Wednesday, October 25 by Stifel Nicolaus. Cowen & Co maintained the stock with “Sell” rating in Tuesday, May 30 report. On Friday, January 12 the stock rating was maintained by Susquehanna with “Hold”. The firm has “Hold” rating given on Tuesday, January 30 by Robert W. Baird. As per Sunday, October 15, the company rating was maintained by Stifel Nicolaus. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, January 31.

The stock decreased 0.90% or $0.639 during the last trading session, reaching $70.171. About 470,908 shares traded. Pentair plc (NYSE:PNR) has risen 14.99% since February 15, 2017 and is uptrending. It has underperformed by 1.71% the S&P500.

Pentair plc operates as a diversified industrial manufacturing firm in the United States, Europe, and internationally. The company has market cap of $12.74 billion. The firm operates through two divisions, Water and Electrical. It has a 19.36 P/E ratio. The Water segment designs, makes, and services products and solutions to meet filtration, separation, flow, and water management challenges in agriculture, aquaculture, foodservice, food and beverage processing, swimming pools, water supply and disposal, and various industrial applications.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.