Goldman Sachs has adjusted its price target for Pentair (PNR, Financial), reducing it from $104 to $95, while maintaining a Neutral rating on the stock. Despite the price cut, Pentair reported robust first-quarter results, surpassing expectations in both revenue and earnings.
The company's Pool segment notably exceeded expectations, providing a cushion against decreased volumes in its Flow and Water Solutions sectors. These results demonstrate Pentair's ability to adapt and manage various market pressures effectively.
Furthermore, management has reaffirmed their guidance for the year, suggesting that ongoing pricing strategies and transformational initiatives should mitigate the negative impacts of tariffs. Investors are encouraged to consider these dynamics when evaluating Pentair's potential moving forward.
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 23.59% from the current price of $86.24. 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 25.28% from the current price of $86.24. 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.
