Mizuho analyst Brett Linzey has revised the price target for Pentair (PNR, Financial), lowering it from $115 to $100, while maintaining an Outperform rating. This adjustment comes as the firm anticipates slower near-term demand and evaluates the potential effects of tariffs, particularly those related to China, on financial outcomes.
Despite first-quarter performance largely meeting expectations, the focus has shifted away from these results due to various recent developments. According to the research note, the escalation of tariffs could pose significant challenges for companies, as some price increases may not fully offset the additional costs.
In response, companies are proactively adjusting prices. However, Mizuho anticipates there could still be unaddressed drawbacks affecting the bottom line. This cautious outlook on the sector reflects broader concerns regarding the impact of trade policies on multinational operations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Pentair PLC (PNR, Financial) is $106.59 with a high estimate of $122.00 and a low estimate of $74.00. The average target implies an upside of 34.99% from the current price of $78.96. More detailed estimate data can be found on the Pentair PLC (PNR) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Pentair PLC's (PNR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Pentair PLC (PNR, Financial) in one year is $64.44, suggesting a downside of 18.39% from the current price of $78.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Pentair PLC (PNR) Summary page.