In a report released today, Scott Graham from Rosenblatt Securities maintained a Buy rating on Pentair, with a price target of $54.00. The company’s shares closed last Monday at $44.88.
According to TipRanks.com, Graham is a 4-star analyst with an average return of 7.6% and a 62.1% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, AO Smith, and Ametek.
Pentair has an analyst consensus of Moderate Buy, with a price target consensus of $48.56, implying a 7.4% upside from current levels. In a report issued on January 15, Goldman Sachs also upgraded the stock to Buy with a $54.00 price target.