Were Analysts Bullish Dover Corporation (NYSE:DOV) This Week?

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Investors sentiment decreased to 0.94 in Q2 2019. Its down 0.34, from 1.28 in 2019Q1. It turned negative, as 33 investors sold Dover Corporation shares while 206 reduced holdings. 70 funds opened positions while 154 raised stakes. 122.79 million shares or 1.40% more from 121.09 million shares in 2019Q1 were reported.
Jefferies Gru Ltd Liability Com invested 0.01% of its portfolio in Dover Corporation (NYSE:DOV). Moreover, Sumitomo Mitsui Trust Holdg has 0.05% invested in Dover Corporation (NYSE:DOV). Cambridge Investment Advsrs stated it has 0.02% of its portfolio in Dover Corporation (NYSE:DOV). British Columbia Investment owns 46,521 shares. Cubic Asset Mgmt Limited Liability Corp accumulated 0.07% or 2,400 shares. Woodstock Corp reported 0.06% in Dover Corporation (NYSE:DOV). Pennsylvania-based First Commonwealth Corporation Pa has invested 0.15% in Dover Corporation (NYSE:DOV). First Hawaiian Bankshares, Hawaii-based fund reported 9,712 shares. Marvin Palmer Assoc accumulated 4.05% or 61,018 shares. Vident Investment Advisory Ltd has invested 0.03% in Dover Corporation (NYSE:DOV). Nuwave Mngmt Lc, a New Jersey-based fund reported 283 shares. Cape Cod Five Cents Retail Bank has 4,530 shares. Panagora Asset Incorporated has invested 0.21% in Dover Corporation (NYSE:DOV). Blackrock Inc accumulated 0.05% or 12.35M shares. Los Angeles Capital Mngmt And Equity holds 0.12% of its portfolio in Dover Corporation (NYSE:DOV) for 232,606 shares.

Dover Corporation (NYSE:DOV) Ratings Coverage

Among 5 analysts covering Dover Corp (NYSE:DOV), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Dover Corp has $11400 highest and $96 lowest target. $105.60’s average target is 5.95% above currents $99.67 stock price. Dover Corp had 7 analyst reports since March 25, 2019 according to SRatingsIntel. Barclays Capital maintained Dover Corporation (NYSE:DOV) on Wednesday, April 3 with “Overweight” rating. Morgan Stanley maintained Dover Corporation (NYSE:DOV) rating on Monday, April 22. Morgan Stanley has “Equal-Weight” rating and $101 target. As per Monday, March 25, the company rating was maintained by Deutsche Bank. The stock of Dover Corporation (NYSE:DOV) earned “Neutral” rating by Robert W. Baird on Wednesday, September 11. The firm earned “Overweight” rating on Friday, July 19 by Barclays Capital. The company was maintained on Monday, September 9 by Citigroup. Below is a list of Dover Corporation (NYSE:DOV) latest ratings and price target changes.

11/09/2019 Broker: Robert W. Baird Rating: Neutral Old Target: $100.0000 New Target: $105.0000 Maintain
09/09/2019 Broker: Citigroup Rating: Buy Old Target: $113.0000 New Target: $114.0000 Maintain
19/07/2019 Broker: Barclays Capital Rating: Overweight Old Target: $111.0000 New Target: $112.0000 Maintain
22/04/2019 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $97 New Target: $101 Maintain
22/04/2019 Broker: Robert W. Baird Old Rating: Outperform New Rating: Neutral Downgrade
03/04/2019 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $93 New Target: $99 Maintain
25/03/2019 Broker: Deutsche Bank Rating: Hold New Target: $96 Maintain

It closed at $99.67 lastly. It is down 19.55% since September 13, 2018 and is uptrending. It has outperformed by 19.55% the S&P500.

Dover Corporation manufactures and sells a range of equipment and components, specialty systems, software and digital solutions, and support services worldwide. The company has market cap of $14.50 billion. The firm operates in four divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. It has a 24.39 P/E ratio. The Energy segment provides solutions and services for the production and processing of fuels to drilling and production, bearings and compression, and automation end markets.

More notable recent Dover Corporation (NYSE:DOV) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Apple, Caterpillar, Costco, Chipotle, eBay, Groupon, Honeywell, Mastercard, Newmont Goldcorp, Roku, Zoetis and More – 24/7 Wall St.” on September 09, 2019, also Seekingalpha.com with their article: “Barclays picks three industrial stocks to hold up well in volatile market – Seeking Alpha” published on August 14, 2019, Finance.Yahoo.com published: “Should You Buy Dover Corporation (NYSE:DOV) For Its Dividend? – Yahoo Finance” on July 23, 2019. More interesting news about Dover Corporation (NYSE:DOV) were released by: Finance.Yahoo.com and their article: “Dover Corporation (NYSE:DOV) Will Pay A 0.6% Dividend In 4 Days – Yahoo Finance” published on August 24, 2019 as well as Prnewswire.com‘s news article titled: “Dover To Host Investor Meeting – PRNewswire” with publication date: August 30, 2019.

Dover Corporation (NYSE:DOV) Institutional Positions Chart

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